When giving someone a limited power to do something specific on your behalf, you may not want that power to continue for very long.
Power of Attorney
Establishing a pet clause in a Will
I recently helped a client complete a Will before she passed away from cancer, it was quite sudden. This client had no family in Australia however she did have a special companion, a cat named Millie, for whom she wanted to ensure a comfortable life after she passed away.
Does an SMSF cease to be compliant if its members go overseas?
The High Court’s decision on when a taxpayer meets a necessary residency test has implications for members of SMSFs who travel overseas. Frank and Mary want to go overseas for a while to work in England. They’re told that they need to ensure that their SMSF does not become a non-resident fund simply because of […]
Longevity now makes the only certainties death, taxes … and paperwork
Most urgent decisions by people reviewing such paperwork are: Enduring Power of Attorney Enduring Guardianship Living Will or Advanced Health Care Directive With increasing longevity, the only certainties in life are death and taxes – and now, paperwork, a leading superannuation lawyer says. Peter Townsend principal Townsends Business & Corporate Lawyers says Australians now need, […]