Testamentary trusts are created by a Will to provide a greater level of control over the distribution of assets to beneficiaries with the main benefit of a testamentary trust is its ability to protect …
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Individual or Corporate Trustee for a SMSF?
Careful consideration should be given when setting up a self-managed superannuation fund (“SMSF”) as to whether to have a company as a trustee or individual trustees, that may comprise of the member …
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Director’s Duties In A Company
The Corporations Act 2001 (Cth) (“the Act”) sets out the duties of Directors which largely mirror those which have been enshrined in the common law, and a breach of those duties may result in a …