Working overseas - make sure your Super Fund is an Australian Resident Fund With travel restrictions lifted, Tim’s boss requires him to relocate overseas to London to head up their London branch for an indefinite period up to 5 to 6 years.  Tim’s wife, Mary, is relocating with him together with their two children while they rent out their home in Australia.  Tim and his family may temporarily return to Australia for holidays and family visits. Tim and Mary are the only member

Family Feud - not a game show you want to be in! If you know the game show ‘Family Feud’ there are winners and losers.  Similarly, when it comes to family feuds over family wealth there will be winners and losers but with devasting effect, tearing families apart.   With my recent client, whose names have been changed for anonymity, such devasting effect can’t be understated.  This brings into focus the importance of ‘ Family Inclusive Estate and Succession Planning ’ and havi

"I love you wills" - don't let love be a burden Valentine's Day brings romance, roses, chocolates and champagne. For an estate planning lawyer, Valentine's Day means reviewing clients that have "I Love You” Wills.   It is used by many married couples where each spouse leaves all their assets to the survivor.  Upon the surviving spouse passing, then their remaining assets are left to their children.  While this type of estate planning is simple, for an estate planning lawyer,

Wishing you a Happy Chinese New Year filled with joy and celebration Each New Year, we celebrate with friends and family with prayer, food, remembrance and wishing all the best of luck, wealth and prosperity. What are you doing for Chinese New Year? #chinesenewyear #dragon #chinese #heritage #food #wealth #prosperity #luck #celebrate #family #friends #2024 #celebration #inclusive #happynewyear #culture #lunarnewyear #happiness

Death is not a Joke! Jokes aside, death is no laughing matter, particularly, if you don't have a will. Dying without a will can be disruptive and have serious consequences including: Unintended outcomes Beneficiaries that you wanted to benefit could miss out due to strict succession rules that may trigger a distant relative inheriting assets. You could lose control over minor children leading to those children being raised by someone else that was never intended. Financial d