Protection of Family Assets & Trusts – Changes You Need to Know About Recently, in Caldwell & Caldwell [2025] FedCFamC1F 506 , the Federal Circuit and Family Court were asked to determine whether assets held in long-standing family trusts should be treated as property of the parties for the purposes of a property settlement. The husband came from a family that had operated a multi-generational business through discretionary trusts and companies since the early 1900’s. These t

Are you ready to lodge your SAR by 28 February? Less than 27 days remain for SMSF trustees to lodge their SMSF annual return ( SAR ) by 28 February 2024, regardless of whether the fund has received contributions, made income payments or is in pension mode. If the SAR is more than two weeks overdue, the ATO may change the status of the SMSF to Regulation details removed. The impacts for failing to lodge by the due date are: preventing APRA-regulated funds from rolling over me