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A recent court case where a family trust was ordered to have failed poses some important questions in the context of SMSF deed updates, according to an SMSF law firm. DBA Lawyers special counsel Bry
A recent court decision involving a missing trust deed from 1976 has some significant implications for advisers working with SMSFs and family trusts. A recent case (Mantovani v Vanta Pty Ltd (No 2) [
For many years there was debate in the SMSF industry as to whether an SMSF binding death benefit nomination (BDBN) could last indefinitely.
The recent AAT decision in Driscoll and Commissioner of Taxation [2021] AATA 3892 has important implications that all SMSF professionals (and trustees) should be aware of. We explore the facts, the implications and the lessons learnt from this case in this article.
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