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Tag: tax

Could the ATO Inadvertently Become a Beneficiary Under Your Will?

Avoid the common misconception that no tax is payable on the transfer of assets on death to beneficiaries under a WillIt is commonly assumed that no tax is payable on…

You can run but you can’t hide—dealing with FATCA and CRS!

Were you born overseas or are you a citizen or tax resident of another country? If yes, you may have to pay tax in both Australia and overseas. You should…

Writing Testamentary Trusts into your Will

A Testamentary Trust allows for greater flexibility to fit your particular circumstanceSignificant wealth has been created in the current generation. Passing wealth to beneficiaries absolutely on death exposes the inheritance…

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