I recently wrote about ASIC commencing penalty proceedings against CBUS Superannuation Fund. In those proceedings, ASIC asserts CBUS failed to act efficiently when handling claims for the payment of Death Benefits of members. Well, ASIC is on the civil penalty...Read More
As we welcome the new year, many of us take time to reflect on our goals and aspirations. We make promises to ourselves to eat healthier, exercise more and do something new. Amid all the self-improvement, however, it’s easy to overlook one important aspect of our...Read More
I wrote about the importance of knowing where your original Will is in this column a year or so ago. The three recent files on my desk and the decision of Hindman J handed down in the Brisbane Supreme Court on December 5 on one of my files suggests it’s time to...Read More
When helping clients prepare Wills, it is common to receive these instructions ‘Everything goes to my spouse and then to the kids equally”. The surviving spouse often ends up with the jointly owned assets and superannuation too. When the surviving spouse passes away,...Read More
One of the various roles of an Executor is to make sure that all estate debts are paid. In particular, an Executor needs to make sure any tax liability of the deceased during their lifetime or of their estate is accounted for. Keeping records of everything that might...Read More
