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The recent decision handed down in the John Hemmes case in NSW gives an indication of how the Courts are interpreting the rights of step-children and unacknowledged children in an Estates dispute.

One good change the federal government has made to superannuation in the last May budget was to allow people over 65 years of age to downsize and sell their home (only if they owned it for more than 10 years) and place up to $300,000 each (or for a couple - $600,000) of the sale proceeds into super. Mind you, this opportunity does not apply to investment properties.

A Self Managed Superannuation Fund may choose from the alternatives, as shown below, when deciding on trusteeship:

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