BLB News
Estate Planning is Not Just For the Wealthy
28/04/2014
One of the reasons people give for not sorting out their estate planning is that they don't think they have enough assets to warrant an estate plan. Most people are dead wrong about that.No Such Thing as a Free Lunch - Be Wary of Discount SMSF Products
28/04/2014
They say the best things in life are free, however a recent ASIC investigation has revealed that this may not be the case when it comes to SMSF products.So Near and Yet So Far
28/04/2014
A borrower who'd fallen on hard times negotiates with the lender to repay only a discounted part of the original loan. The repayment is by instalments. The borrower misses the final instalment and ends up with a court judgment for the full amount of the original loan plus interest and legal costs.Keep Your Word or It'll Cost You (Dearly)!
28/04/2014
Imagine not only not being paid for your goods by the buyer but having to pay the buyer much more because the goods did not live up to their promise.The New Danger for SMSFs with Zero Interest Related Party Loans
28/04/2014
A number of recent private binding rulings released by the ATO concern limited recourse borrowing arrangements (LRBA) related party loans and appear to have foreshadowed dire tax implications for such arrangements which may be found to have uncommercial loan terms.