If Victorians found themselves seriously panicked about the future of their inheritance this week,I’m not surprised.
While the intention of gifting is often to help family members,you need to make sure that you don’t rob Peter to pay Paul.
It can be helpful to have a conversation with your parents about their intentions for their estate,which can make planning easier.
They’re looking for you:these State Trustees researchers sometimes give out millions to heirs of people who died without a will.
The family patriarch wanted to leave properties to three of his children. A judge found his widow deserved more.
Generally,when an asset changes ownership,a capital gains tax assessment is triggered. But there are exceptions.
Doing the calculations on the cost of renting versus selling a property can be necessary so you don’t get slugged with surprise taxes.
Good neighbours are a treasure,as a group of countrymen proved to my grandfather in his time of need after World War I.
I wish to be equal in what I give my children – what do I do now?
Leaving a parcel of shares to your children can have unintended consequences.
There are extensive rules around nominating who will receive your super and/or pension payments upon death.