Is Superannuation at Risk in Bankruptcy?
In Australia, there’s one class of assets that typically gets protection from creditors – and that is superannuation. This safeguard is part of a government
In Australia, there’s one class of assets that typically gets protection from creditors – and that is superannuation. This safeguard is part of a government
As individuals in Australia seek to secure their retirement savings, understanding the complex relationship between personal bankruptcy and Self-Managed Superannuation Funds (SMSFs) becomes crucial. This
Insolvency is often misunderstood, leading many business owners to see it as the ultimate failure. However, a 2022 report by ASIC found that over 35%
Effective 1 July 2024, the sale, supply, manufacture, importation, and commercial possession of non-therapeutic vapes in Australia is prohibited under the Therapeutic Goods and Other
Discovering that a caveat has been lodged on the title of your property can be an unpleasant surprise. Whether you or someone you know has
It is widely recognised that directors hold a crucial position in any business, whether within an established company or if embarking on a new business
The decision to become a director, whether in a new business venture or an established company, is one that demands serious consideration. Individuals must understand
Part 2 of a 4-part series Directors play an essential role in well-functioning organisations. However, as discussed in our previous article, contemplating whether to become
(Part 1 of a 4-part series) All business owners are advised at some point to register a company and become one of its directors to
When dealing with many bankrupt estates, the family home is often the single biggest asset available to a trustee. The emotional distress and pressure on the family unit are often severe consequences of bankruptcy.