The death of a loved one invariably creates an emotional upheaval and administrative burden for his/her family and close friends. In this context, a claim against the Estate by a disgruntled family member or friend is always upsetting. The prospect of a delay of 12 months for a Court case, briefing solicitors and discussing the...
There can be pitfalls in amending trust deeds – both in terms of trustee liability to beneficiaries where a relevant power to act is missing from a deed and in terms of amendments triggering exposure to capital gains tax. This is a technical area of the law. While some simple amendments may be made to...
The complexities continue in this area of the law. For example, in recent weeks; The Australian Taxation office (ATO) has warned Trustees of any SMSF to take care when considering investing in the property market through their fund, in particular in respect to products being promoted by lending institutions often called ‘limited recourse’ or ‘non-recourse...
Liability limited by a scheme approved under Professional Standards Legislation.
Legal Practitioners at Atkinson Vinden are members of the scheme.
