With many unit trust deeds failing to reflect the recent tax and legal developments, some deeds may need to be varied, particularly where SMSFs are involved. Introduction Unit trusts are a common i
A unitholders agreement can provide greater certainty and minimise risks where there is more than one unitholder. While the terms of a unit trust deed typically cover a number of important points, t
Recent case law in Australia has shown that courts are taking a stricter view of trustee duties. Overview Recent cases such as Re Owies Family Trust [2020] VSC 716 (Owies) and the later appeal to th
Many believe super is tax effective. However, Australia has the highest tax rate in the world on retirement savings in certain situations. This article focuses on the potential impact of the non-ar
The recent case of Ian Mark Collins & Mieneke Mianno Collins ATF The Collins Retirement Fund and Commissioner of Taxation [2022] AATA 628 is an important reminder for advisers about the application of