Following last week’s post I was reminded of a further Tax Office private ruling that looked at the amalgamation of 2 testamentary trusts ‘...

Last week’s post focused on a scenario where additional testamentary trusts can potentially be established unnecessarily, particularly where...

One issue that potentially arises whenever spouses embark on an estate planning exercise is the prospect of there being testamentary trusts ...

Last week’s post touched on statute barred loans from a Division 7A perspective. The issues in relation to statute barred loans are often hi...

Where a debt owed by a taxpayer to a company is forgiven, this will generally trigger the operation of Division 7A. This means that the amo...

Recent posts have considered various aspects of the rules in relation to assets owned as joint tenants. Another aspect of the rules in this...

Last week’s post considered various aspects of the rules in relation to assets owned as joint tenants. At law there is a presumption that wh...