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How to Contest a Will in NSW

As with last week’s article on safeguarding your estate via a will, when we talk of contesting a will, we often focus on the perspective of the estate and the negative implications. It is perceivably a bad situation; jeopardising the value of the estate’s assets and a...

Trusts and Capital Gains Tax

CGT Events: Disposal of a Trust Asset Disposal of a trust asset (or another CGT event) is likely to result in a capital gain or loss for the trust (unless a beneficiary is absolutely entitled to the asset). Capital gains and losses are taken into account in working...

A Spring Clean for Your Business

Spring is well and truly in the air! After the winter months, the popular act of “spring cleaning” is an opportunity to give our homes a much-needed refresh. It’s a chance to clear out anything that is no longer of use or benefit, tidy-up anything that is out of place...

Capital Gains Tax Assets

In today’s article, we examine capital gains tax assets. What Assets are Subject to CGT? All assets you have acquired since Capital Gains Tax (CGT) started (on 20 September 1985) are subject to CGT unless specifically excluded. For example, CGT applies to: real estate...

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