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News & Knowledge

MSI Australia & New Zealand: June news-round up

17th July 2017

Each month MSI publishes a selection of articles written by its AusNZ member firms highlighting important topical issues in the Australia & New Zealand region.

Can a statutory demand be challenged

By Richard Cowen, Tucker & Cowen, Lawyers, Brisbane.

Following on from our first article titled “What you need to know about Statutory Demands”, this article explains the circumstances in which a statutory demand can be set aside.

What you need to know about divorce

By Vanessa Balnaves, Johnston Withers, Lawyers, Adelaide.

The law about divorce and about family law generally, can be a bit of a mystery. So our Divorce Lawyers in Adelaide have prepared some simple FAQs to help navigate your way through.

Wills, inheritance and estate disputes

By Peter Nevin, Taylor Smart Lawyers and Notaries, Lawyers, Perth.

For many years, the law has taken the view that a person’s assets are generally theirs to dispose of when they die, in any way that they choose. It doesn’t take too much effort to imagine how this can lead to severe hardship for those left behind. For example, the death of a breadwinner could leave their spouse/partner and children destitute, if that breadwinner bequeaths their assets to a relative (or even a stranger) in their will.

SMSF and the importance of a will and binding nomination

By Ian Gath, McKinley Plowman, Accountants, Perth.

Recently I was presented with a single member superannuation fund and the member had recently died. The deceased member had done everything right, had a will and a binding death benefit nomination (BDBN) and reviewed them recently before his death, or at least he thought he done everything right.