Whilst the overall divorce rate has decreased in Australia, there has been an increase in “grey” divorces. This leads to a higher super balance to be split. Let us take you through 6 common issues when this happens.
Six months into the use of SuperStream by SMSFs, there are still complications providing headaches for SMSF members and their advisers. Here’s what we’ve found.
This is Part 2 of our Spouse Strategies Series, which focuses on the benefits of a withdrawal and re-contribution strategy. Read on to find out more.
Treasury Law Amendment Bill 2021 passed through both houses of Government on 10 February 2022. In this article, we provide a recap of the 2021 Federal Budget Announcements now passed.
In Australia, 1 in 3 marriages end in divorce.
Find out the practical tips and the traps to avoid, to help you assist your clients navigate this very emotional time.
This is Part 1 of our Spouse Contribution Strategies Series: Getting even with Super. This instalment considers a couple with uneven superannuation balances.
Here are our 5 most read updates of the year:
– Can a SMSF hold Crypto-Currency?
– EOFY Action Checklist
– Non-Arm’s Length Expenditure Ruling
– 6 member SMSFs now possible
– Elderly parents’ superannuation benefits
Your clients will need a Director Identification Number (Director ID) if they’re a director of a company, a registered foreign company or Australian body. Find out more here.
This year’s Federal budget saw proposed measures impacting SMSFs and their members. These proposals have now been introduced to Parliament. Here’s what the Government hopes to achieve by Christmas.
Superannuation death benefits can only be paid from a SMSF to superannuation dependants. In the event a member wishes for their superannuation benefits to be paid to someone other than their superannuation dependants, their benefits must first be paid to their Estate.
A common estate planning question we receive is about the protection of elderly parents’ superannuation benefits, and specifically when one of them passes away.
This update includes;
– important Exempt Current Pension Income (ECPI) changes; and
– Changes to information sharing regarding Family Law matters.