UBIT dumped - finally some certainty for Charities on this front
The Government announced on 13 May 2014 that it does not intend to proceed with the "Better targeting not-for-profit tax concession measure" reforms at this time (which is code for the proposed UBIT - Unrelated Business Income Tax has been dumped ... for now at least).
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Trusts in Family Law property disputes and settlements
We are constantly asked for advice on how Discretionary Trust / Family Trust assets and income are treated by the courts in Family Law disputes. James Tan (Lawyer) has written some articles for our Legal Resource Centre (on our web site) on this subject and will also be presenting a free client Webinar on the subject.
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"Pre-death" gifts set aside "post-death"
It has long been thought that whatever a Will Maker gives away before they die will largely be immune from a dispute over an estate. Kathleen Watt (Lawyer) who regularly acts in Estate Litigation matters has written an article for our Legal Resource Centre (on our web site) on two recent cases demonstrate that this is not always true.
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