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Federal Budget announces tax on discretionary trusts
On 12 May 2026 the Albanese Labor Government delivered the Federal Budget. They propose to impose of a thirty (30) percent minimum tax on discretionary trusts, commencing 1 July 2028. This article addresses the proposed rate and scope and identifies what remains unclear, particularly how and when the tax will be collected based on the…
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Wills & Estates Lawyer, 2-8 years PAE, potential flexibility for the right candidate, and $ negotiable depending on experience.
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What exactly is a Family Provision Application?
Are you wondering if you can contest a Will in Queensland? Find out what you need to know about Family Provision Applications and how the Court considers them. Learn the eligibility criteria and time limits, as well as what it takes to be successful with your claim.
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What is a Mutual Will and why have one?
Mutual Wills are a contractual agreement between two people to ensure their children take the estate of the survivor upon death. Learn more about how to protect assets for a particular beneficiary with this method.
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Memoranda of wishes and their legal standing
Estate planning can be complex, but a Memoranda of Wishes (MOW) can help Executors and Trustees make decisions in line with a Testator’s wishes. Learn more about how a MOW can help protect confidential information from beneficiaries and how to draft one with the help of Dundas Lawyers.
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What is a Testamentary Discretionary Trust and why might you want one?
Create an estate plan that works for you and your family. Learn about the benefits of a Testamentary Trust, such as protecting your inheritance from family law and bankruptcy proceedings, and creating tax advantages for beneficiaries. Avoid the “Lamborghini factor” and find out if this structure is right for you.
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What happens if you die without leaving a Will?
Dundas Lawyers can help protect your assets and provide guidance for the future. They can assist with creating a valid will, so that in the event of intestacy, the rules in Queensland determine the distribution of the estate to the deceased’s closest next of kin.
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