Have you applied for your director identification number? Time is running out to meet the 30 November 2022 deadline which applies to most directors. All existing directors of a company, registered Australian body, registered foreign company, or a director of corporate trustees of an SMSF are required to apply for a director ID. A director ID is a unique 15-digit identifier that all directors or people intending to become directors must apply for. It’s free to apply and you only need to apply once. A director must apply for their own director ID personally.

Is your estate plan in order? Estate planning is ultimately about ensuring that you have the right mechanisms in place to ensure that, in the event of your death, your assets pass in the manner that you intend. The steps in the process involve identifying the assets in play – this could involve savings accounts, shares, collectibles, property, vehicles, superannuation, and more! – and then who owns them. Having done that, the next question is one that only you can answer: how do you want these assets distributed upon your death? An estate plan brings about this outcome.