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  Miscellaneous 2007

The Court as a trust buster - where assets of a discretionary trust are at risk

Source: South Australia

Published Date: 28 Aug 2007

 

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This paper includes:

  • an analysis using decided cases to show how the Family Court 'busts' trusts
  • challenges under the old and new provisions Bankruptcy Act
  • tax and stamp duty consequences of Court trust busting
  • DIY trust busting (ie getting it so wrong, the assets aren’t protected)
  • hints to maximise asset protection.
Author(s)

Individual Session

The Court as a trust buster - where assets of a discretionary trust are at risk

Author(s): Arlene Macdonald
Materials from this session:

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Details

  • Published By: Arlene Macdonald
  • Published On:28 Aug 2007
  • Took place at:Sebel Playford Hotel, Adelaide

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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Miscellaneous 2007

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