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Perspective Law has some exciting new announcements to make…

More Changes -Six member SMSFs

As we have come to expect, the federal Government has enacted further changes to self managed super funds. From 1 July 2021 self-managed super funds (SMSF) are able to have up to six members. Previously a maximum of four members were allowed. The majority of funds…

Insurers – Claims for Business Interruption and Coronavirus

Insurers – Claims for Business Interruption and Coronavirus

We all hate to pay for the premiums, but insurance policies are a necessary element for managing business risk. We have taken a look at the regime regarding insurance and the effect on policies during Covid and found a surprising result. The unprecedented impact of…

Executors – Know Your Duties!

Executors – Know Your Duties!

One of the most important pieces of advice that a person should receive if appointed to act as executor in a Will, is that the duties of an executor in administering a deceased estate are onerous. The duties of an executor are set out in the legislation, case law and…