A tax expert is warning families could face a stealthy new “death tax” under proposed Australian Taxation Office changes ...

Matthew Burgess, director of View Legal, said overall TD2026/D1 is a helpful summary of key rules in this area but in ...

When planning your estate, you should understand different trust options available, such as testamentary trusts and living trusts. A testamentary trust is created through a will and only becomes ...

Financial advisors need to familiarize themselves with pending changes to the taxation of testamentary trusts and consider alternatives when discussing options for their clients’ heirs. “The proposed ...

Not everyone wants to leave heirs with unfettered access to the wealth they’ve accumulated over the course of a lifetime. Some people want to put restrictions on when or how money is used. Others hope ...