Why estranged family members might still have a claim on trust money afr.com/wealth/persona… TownsendsLaw #EstatePlanning #SMSF #trusts #wills

Two significant changes have been made to the Work Bonus scheme. In this article, Michael Hallinan discusses the changes in detail, explaining the scheme and how it operates with the income free area. bit.ly/3J5FlGP SUPERCentral #AgePension #pensions #retirement

Is it OK to make a deductible super contribution and then cash out? This very issue was the subject of a recent private binding ruling, writes SUPERCentral's Michael Hallinan. bit.ly/3xwaWiv #ATO #superannuation #contributions #tax

In this post, SUPERCentral's Michael Hallinan details the key superannuation thresholds that will apply for the 2024/25 financial year. bit.ly/3U2C8N8 #ATO #contributions #superannuation #tax

The Joint Associations Working Group has made a number of proposals to improve the pathways for new financial advisers in response to declining numbers in the profession. adviservoice.com.au/2024/04/joint-… #Accountants #FinancialAdvice #FinancialPlanning #SMSFs

The 10 things that successful advisers just do better adviservoice.com.au/2024/05/the-10…

Services that offer simple wills are not doing the will maker any favours unless they explain the effects of the simple will and what the will maker is giving up by using one, writes Peter Townsend afr.com/wealth/persona… TownsendsLaw #EstatePlanning #inheritance #legal #wills

Peter Townsend, principal of TownsendsLaw, briefly explains providing a life interest or life estate to the surviving spouse. It is an increasingly common strategy given growth in blended families. chstrategies.com.au/giving-only-a-… #EstatePlanning #LifeEstate #LifeInterest #wills

Peter Townsend from TownsendsLaw briefly explains providing a life interest or life estate to the surviving spouse adviservoice.com.au/2024/05/giving… #EstatePlanning #wills

In this excerpt from an estate planning presentation to financial advisers, Peter Townsend from TownsendsLaw briefly explains ‘pre-nup’ agreements. bit.ly/4bl21zi #EstatePlanning #inheritance #wills

This year’s Budget is more about what isn’t included: FAAA adviservoice.com.au/2024/05/this-y…

Released today, our review of 10 major home loan lenders found some ignored #hardship notices, effectively abandoning customers who needed their support asic.gov.au/about-asic/new…

Providing life interest or life estate is becoming an increasingly common way to protect the inheritance of children in a blended family. bit.ly/4dR4naI TownsendsLaw #EstatePlanning #inheritance #wills

Peter Townsend from TownsendsLaw briefly explains some of the key issues around maximising the children’s inheritance from challenge by a second spouse. chstrategies.com.au/common-steps-t… #EstatePlanning #inheritance #wills

A new report finds there is a high level of confidence among SMSF trustees and reveals their top two investment goals for the next year are building a sustainable income stream and maximising capital growth ifa.com.au/news/34265-sms… #SMSF

With an increasing number of elderly parents living with their adult children, is it possible that an adult child of a deceased parent could, on the death of the parent, receive their parent's superannuation tax free? fssuper.com.au/article/adult-… TownsendsLaw

In this article, Peter Townsend from TownsendsLaw briefly explains the workings of family provision waivers, which often seek to stop an ex-spouse trying to access more assets or actions. chstrategies.com.au/the-family-pro… #divorce #EstatePlanning #property

Death bed benefit withdrawals is a poignant description of the situation where a member of a superannuation fund makes a request to withdrawal their superannuation benefit as a lump sum before they die. bit.ly/45kTL03 #ATO #EstatePlanning #PoA #superannuation #tax

This article from SUPERCentral considers the application of the “catch-up” contribution provisions: When they can be made? How much can be made? What happens if an excess of “catch up” contributions are made? bit.ly/4cfkmhu #AusBiz #superannuation #contributions #tax

Now that the 2023/24 financial year is coming to a close, it will be necessary for individuals receiving #pensions from their #SMSFs to ensure that their minimum pension requirement has been satisfied by 30 June 2024. bit.ly/3VQHvRG #EOFY #SMSF #superannuation