Discretionary Trusts and the Family Court
Issues covered include: discretionary trusts, Family Court, Family Law Act, adult childs, parents, trust assets, outlaws
Description
Discretionary trusts have many advantages for clients, but there are also some potential risks. Understanding when they may be vulnerable to a claim, how they are different to testamentary trusts and how to best protect the clients’ assets is vital. This may change over time depending on the latest case law and how the Family Court is treating discretionary trusts. Ensure you stay up to date on recent cases and how to best advise your clients.
Discretionary Trusts and the Family Court
- What powers do the courts have under the Family Law Act?
- How can trusts controlled by parents be attacked if an adult child's relationship breaks down?
- Can anything be done to protect the assets of a trust?
- What information can the 'outlaws' and their legal advisors demand?
Presented by Clifford Hughes, Principal, Clifford Hughes & Associates; Accredited Specialist in Taxation and Business Law; Chartered Tax Adviser
This webinar will be streamed at AEDT
Accreditation
Attend and Earn 1 CPD Hour
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Presenters
Clifford Hughes consults to legal, accounting and planning practices in respect of taxation, business structuring and succession issues for their clients. He is an Accredited Specialist in Taxation Law, an Accredited Specialist in Business Law and a Chartered Tax Adviser.