Deciding on the right legal framework for your business is a cornerstone of long-term success. The choice between a corporate (Pty Ltd) structure and a discretionary family trust is a critical one for Australian entrepreneurs, with significant consequences for your liability, tax strategy, and future growth. While both are powerful options for holding a business,...
Inheritance disputes are on the rise across Australia, and Victoria is no exception. With over 10% of wills facing legal challenges and 74% of disputes resulting in modified distributions, it’s essential for Victorian families to plan carefully to protect both their assets and family relationships. The Victorian Legal Landscape Victoria’s succession law is governed primarily...
Transferring personal assets into a family trust is a popular vehicle for wealth protection and estate planning. The advantages are well-publicised—asset shielding, tax planning, succession control—but the legal mechanics behind the transfer are often overlooked. As accountant Geoff Gartly notes, family trusts can serve as a flexible and central structure for managing investments. This post...
