Farming Land and Business Premises in Your SMSF by Jacqui Having the transfer balance cap of $1.6m introduced for pensions has more impacts on self-managed superannuation funds (SMSFs) if the SMSF has invested in property, particularly valuable [...]
The Correct Way to Transfer Control of Your Family Trust Many small businesses and farming businesses are run in a family trust structure, and many families use family trusts as an investment vehicle, and perhaps own their [...]
Stamp Duty on Land Transfers All transfers of land, including gifts, attract stamp duty. Stamp duty is calculated on the greater of the price paid (consideration) or the market value. Water entitlements sold with land are non-dutiable, [...]
Family Farm Succession Planning Farmers and primary producers who run livestock or grow crops or use their rural properties to engage in the manufacture of products (such as grape growers and dairy farmers) covers a broad range [...]
Spousal maintenance is when one party to a broken down relationship is legally required to provide financial support to (or â€˜maintainâ€™) the other for a period of time after their relationship ends.