The Federal Government would like us to work longer. The longer we work the less likely we are to claim our aged pension entitlements and the longer our superannuation will last.
inheritance
ATO shoots itself in the foot: tax return must be signed by Administrator
The ATO refuses to accept a tax return from an intestate deceased estate unless it is signed by the Administrator of the estate. But what if there is no Administrator? Townsends’ Dominique Perry explains.
Can grandparents protect their grandkids’ inheritance?
If their kids don’t get on with one of the grandkids maybe the grandparents should act to protect that grandchild’s inheritance.
Not sure where to start? Ask.Will™
Although most Australians know the importance of having a valid will, the nuances of how — and what — can be challenging.
When inheriting from friends not family
It’s not often that a person gets the chance to inherit the estate of someone who is not a member of their family. But it does happen and has its own particular issues.
Inheriting a property with a mortgage
You’ve inherited a property, but is the inherited property liable to repay the remaining mortgage debt? Your debts don’t die with you. They survive you and have to be paid from your estate. In the recent case of Winn v Harding, the New South Wales Supreme Court was asked to assess whether the gifted property […]