Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 20 results for "Power of Attorney"

It's not you, it's quarantine

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... Unity, said most people don't realise that up until the time the divorce is finalised their partner is still a power of attorney or beneficiary of their estate. "Initially, most people don't think about things like power of attorney or wills," Hacker ...

New campaign combats elder financial abuse

KARREN VERGARA  |  MONDAY, 18 JUN 2018
... estimates 40% of elder abuse cases relate to financial exploitation. The campaign hopes to establish a standardised power of attorney order across state and territories, with an online register and a designated safe place to report suspected abuse, she ...

Estate planning lawyer fined for misconduct

KANIKA SOOD  |  WEDNESDAY, 30 MAY 2018
... administrative tribunal last year and a decision was reached last week. Dubler drafted a will and an enduring Power of Attorney (POA) for a client between April and June 2015. The now-deceased client wanted to divide his $380,000 estate equally between ...

Spotlight on financial elder abuse

JAMIE WILLIAMSON  |  FRIDAY, 6 APR 2018
... room for his mother. The arrangement was not in writing, no legal advice was obtained and there was no enduring power of attorney appointed. When legal advice is obtained, it can be considered an informed decision. However, Glomb highlighted that elderly ...

Crunch time for limited MDA advisers

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
... Managed Accounts Forum that limited MDAs arose about 14 years ago as a result of advisers who had a limited power of attorney from clients to enable them to transfer funds between investment platforms. It eventually opened the door for advisers who invested ...

Elder financial abuse requires education

KARREN VERGARA  |  TUESDAY, 18 APR 2017
... should only be able to make or renew a BDBN for a member if expressly authorised to do so under an enduring power of attorney and the same rule should apply for reversionary pensions. "The Association believes that the ongoing uncertainty around the ...

ASIC bans another SMSF auditor

ALEX BURKE  |  WEDNESDAY, 2 DEC 2015
... which he was a member and the director of its corporate trustee, and also auditing a fund over which he had power of attorney. The latest ban comes two days after ASIC announced the disqualification of New South Wales auditor Manoj Abichandani who was ...

SMSFs impacted by power of attorney rule changes

STAFF WRITER  |  THURSDAY, 24 SEP 2015
Changes to the rules governing power of attorney in Victoria, which came into force on 1 September, will impact the way SMSF advisers service their clients. The new Powers of Attorney Act 2014 consolidates the enduring power of attorney and enduring ...

SMSFs warned over incapacity planning

BEN COLLINS  |  MONDAY, 18 FEB 2013
... their fund sets out about shareholder control of the fund, and whether directors of the fund retain enduring power of attorney even if they are unable to complete their duties.

Avoid estate planning mistakes

BEN COLLINS  |  TUESDAY, 30 OCT 2012
... should be taken into account in estate planning, but are often overlooked include: different state laws and power of attorney. "For example, Victoria's legislation allows for the broadest range of claimants against an estate, which means that anyone ...
PAGE:
1
PREVIOUS
NEXT