2020 continues to throw unusual and expected challenges for everyone. After a temporary reprieve from the COVID-19 pandemic, a second, larger wave gripped Victoria throughout the winter months.
In this edition, we look at some ways you can respond to the current situation and how it presents an opportunity to think and act a
little differently than usual.
A testamentary trust is commonly used by estate planning lawyers to protect the assets and inheritance of the testator’s benefciaries from creditors, family law actions and providing flexibility in relation to the distribution of the estate.
There are limits on how much you can pay into your super fund each financial year without having to pay extra tax. These limits are called ‘contribution caps’.
