by Quinns_News | Jul 22, 2015 | Consumer News
Testamentary discretionary trusts have become increasingly popular due to the various benefits it provides. One of the benefits is that it provides the testator a measure of control over their assets after death. Another benefit is that due to the control given to a...
by Quinns_News | Jul 15, 2015 | Consumer News
Buying long term investment properties is one of the most popular investment strategies for Australians, and has been for some time. A good investment can create ongoing cash flow, improve your wealth, bolster your assets and reward you with long term financial...
by Quinns_News | Jul 8, 2015 | Consumer News
In the event that a trust is created by way of settlement, it is recommended that a settlor should be a person who is not related to any of the beneficiaries, due to the application of s 102 of the ITAA 1936. Section 102 specifies the circumstances in which the...
by Quinns_News | Jul 1, 2015 | Consumer News
For a Will to be valid in New South Wales it must satisfy a number of formal requirements set out in legislation. However, a document may still be considered a person’s final Will even if it fails to comply with formal requirements (“informal will”). Section 8 of the...
by Quinns_News | Jun 17, 2015 | Consumer News
From 15 January 2015 the definition of defects under the NSW Home Building Act has changed. The term “structural defect” has been replaced by the new term “major defect in residential building work.” This means that you are now accountable for any issues with any...
by Quinns_News | May 29, 2015 | Consumer News
Tax Return all in one Place With the new financial year almost upon us, there is no better time than the present to ensure your tax planning is effective and all records are up to date. Most resident tax payers who earn over the tax free threshold during the course of...