The Powers of Attorney Act 2014 (the Act) will commence on 1 September 2015. The purposes of the Act are to: clarify and consolidate Victoria’s enduring powers of attorney laws create the role of supportive attorney improve the protections against abuse of enduring powers of attorney. Powers of Attorney made under existing legislation will remain […]
On 23 June 2015 the Federal Court of Australia gave judgment in an appeal from a decision of the Superannuation Complaints Tribunal (“SCT”) to affirm the trustee’s determination to pay death benefits to the deceased’s adult children. The decision can be accessed here: http://www5.austlii.edu.au/au/cases/cth/FCA/2015/612.html The deceased made no binding death benefit nomination and the legal […]