Jim and Sue have worked tirelessly all of their lives, raised and educated two sons and two daughters, all of whom are now financially independent and have flown the coop, so to speak.
The five bedroom home for the past 25 years, whilst full of fond memories, is just too large to maintain. The home […]
There has been a lot of media attention regarding George Calombaris underpaying his employees which was due to annual salaries being incorrectly calculated leading to underpayment of superannuation. Unfortunately for George, paying your employees the incorrect amount of superannuation is one sure way to get Fair Work’s attention.
I should confess that as a big […]
The general excuse for not consulting a lawyer is that is costs too much. At Cooke & Hutchinson Lawyers, we will meet with you for 30 minutes completely free of charge. After that meeting, we will advise and inform you of the work we see needs to be done, and give you a fixed […]
Last week I
assisted a client who wanted to a “quick” update of his will. The client was
quite diligent in ensuring his estate plan was kept up to date and explained
that he has updated his will on a number of occasions as circumstances in his
life changed. He was also what I would consider a sophisticated […]
I was reminded
again this week of the importance of having at least one backup executor, especially
in a situation where only one executor is appointed in the first instance.
In this case the
will maker appointed her husband as sole executor and beneficiary and her
children as further beneficiaries in the event that her husband predeceases her
(admittedly […]
Whether it is your self-managed superannuation fund or your family
trust, it can be beneficial having a corporate trustee rather than an individual
trustee. Here are just a few of the advantages you will enjoy:
When adding a person as
trustee, it will be less work intensive with a corporate trustee because with
individual trustees when you add one […]
