BLB News

DISCRETIONARY TRUSTS SAY WHAT THEY MEAN AND MEAN WHAT THEY SAY

29/11/2012

The idea that Discretionary Trust deeds will be interpreted as to their likely meaning, rather than what they actually say, has been rejected by the High Court in a recent decision of Montevento Holdings Pty Ltd v Scaffidi (2012).

DISMISSAL FROM EMPLOYMENT BECAUSE OF FACEBOOK COMMENTS

29/11/2012

As many Australians enter the world of social media and comments and entries on Facebook, Twitter and the like, it is interesting to see a case involving dismissal of an employee for social media comments about his managers.

SAYING "I DO" CAN AFFECT YOUR WILL, AS CAN SAYING "IT'S OVER"

29/11/2012

Marriage, divorce, living together and breaking up may all have unintended consequences on how a person's property is distributed on their death and whether their Will is valid.

NEW TAXPAYER ALERT ON SUPERANNUATION BORROWING

29/11/2012

The Australian Tax Office issued a new Taxpayer Alert TA 2012/7 on 20 November 2012 which outlines the ATO's concern with a number of scenarios relating to limited recourse borrowing arrangements (LRBA) by SMSFs.

FINDING GOLD - NAVIGATING THE PPSR

29/11/2012

The Personal Property Securities Act (PPSA) has been in force now throughout Australia for almost a year. While few would say the PPSA is easy to understand, business people have plenty to gain by getting information from the Personal Property Securities Register under the PPSA (PPSR).