Problems when your executor is a non resident

Question I am UK born in Australia, recently divorced with 2 children aged 11 and 9. Children and Ex born in Australia. I am trying to write my will in case of my death so the children are provided for throughout childhood and have a start up nest egg going into their adult life I …

Key Principles  for keeping a loan tax deductible

Question Hi,How are you? I am a small business owner of an accounting firm (no employees). I have already asked the below question to another accounting organisation but the answer was brief. I love your answers, and want confidence in our work so would appreciate if you could help. The scenario and question: I have …

Discretionary trust – investing in shares with borrowings

Question I’ve recently released some equity from my home and want to invest in the stock market via my Discretionary Trust (Family Trust) of which I am the sole beneficiary and director of the corporate trustee. I’ve got some general questions around this: Thanks Answer Thank you for a great question and making it available …


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