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First BoE advice needed
Hi guys,
I have a few questions on BOE, hopefully someone can help.
I watched as many recorded webinars as I could but it seems like I am still missing some information. My questions are below, sorry if they sound Dumb, but this is exactly how I feel about this process at the moment. I am really someone who needs “BoE for Dummies”, at least for my first BoE. I am clear on the general process, but not so clear on details.
1 I am about to prepare the BoE to pay infringement notice (SA). Who do I appoint as a fiduciary?
2 From our Boe template provided in the package we have:
“SMITH, JOHN HENRY ; Queensland Government, Department of Justice and Attorney- General, State Penalties Enforcement Registry (SPER) Party ID 54782487 Contact ID 34404854.
PAY IN ORDER TO: “
My question here is: Is “<b style=”font-family: inherit; font-size: inherit; color: var(–bb-body-text-color);”>Queensland Government, Department of Justice and Attorney- General” – the trustee for QCV Trust of <b style=”font-family: inherit; font-size: inherit; color: var(–bb-body-text-color);”>SMITH, JOHN HENRY? Is it the reason we put it there, or am I missing something?
3 One of the BoE examples provided by Mark has only:
THE PUBLIC-CHARITABLE-TRUST of <b style=”font-family: inherit; font-size: inherit; color: var(–bb-body-text-color);”>SMITH, JOHN HENRY
<b style=”font-family: inherit; font-size: inherit; color: var(–bb-body-text-color);”>PAY ON DEMAND: Whoever
So the question is: Do we need to address the Trustee in a specific way? Or both ways (Q2 and Q3 above) work?
Also, once I complete my first BoE, is there anyone here, in the group, who can have a look and advise if it is done correctly?
Your help is much appreciated
Thank you