Generally, Capital Gains Tax (CGT) does not apply when you inherit an asset from a deceased estate. However, CGT may be applicable if you sell an inherited asset.
The term ‘dying intestate’ refers to the unfortunate situation where an individual passes away without having a valid Will in place. When a person dies without a Will, their estate is
If you were a dependent of someone who has passed away and you do not receive an adequate share of their estate, you may be able to make an application to contest the Will
South Australia will soon experience a significant overhaul of the laws that govern Wills and estates, with the new Succession Act 2023 set to commence on 1 January 2025.
When it comes to estate planning and wealth management, family trusts have gained substantial popularity as an influential strategy for preserving assets, minimising tax, and
Fortunately, there are no inheritance taxes in Australia, however that does not mean that there are no tax implications if a deceased estate continues to earn an income after
When a person passes away in South Australia, the distribution of their estate to the beneficiaries is a process governed by specific state laws. If the deceased has left a Will,
Estate planning is a crucial process that ensures your assets are distributed according to your wishes, even when you’re no longer around. Yet, as your life evolves, so should
A Discretionary Trust is a legal arrangement where the trustee holds and manages assets on behalf of a group of beneficiaries. Unlike other trust structures, a Discretionary Trust provides