News & Articles

March 7, 2017 BY Rockliffs Lawyers

Advantages of Testamentary Trusts

Testamentary Trusts have become, over recent years, popular as a structure used for estate planning purposes providing asset protection and tax benefits associated with these trusts. What is a Testamentary Trust? A Testamentary Trust is a Trust established under a... [Read More...]

February 27, 2017 BY Rockliffs Lawyers

Regulators loosen grip to allow Self-managed Superfunds to buy property using borrowed funds

Regulators have loosened their grip to allow Self-Managed Superfunds (SMSF) to allow members to purchase property using borrowed funds. Careful consideration needs to be given to determine whether this is the right strategy for members of a SMSF and before any decision... [Read More...]

February 11, 2017 BY Rockliffs Lawyers

Can Your Will Be Recognised In Other Countries?

Australia is a multicultural country with many international companies having offices located in Australia. It is not uncommon for international companies to relocate their staff, both interstate and internationally. If you have assets in Australia, then you need to have... [Read More...]

January 29, 2017 BY Rockliffs Lawyers

OSR Ruling – Definition of a Foreign Person

The Chief Commissioner of State Revenue on 20 December 2016 released Revenue Ruling number G009 relating to the Definition of Foreign Person. Background of Ruling From 21 June 2016, a duty surcharge applies to acquisitions of NSW residential land by foreign persons,... [Read More...]

December 12, 2016 BY Rockliffs Lawyers

Director’s Indemnity

As a director of a company, you may be at personal risk for decisions made in the best interests of the company unless the company indemnifies you. A director’s indemnity involves a company undertaking to protect its directors against liabilities... [Read More...]