Published on 13 Sep 06
by VICTORIAN DIVISION, THE TAX INSTITUTE
This presentation addresses the implications of the Westpoint litigation for trusts and what the future holds in relation to the following:
- can a discretionary beneficiary have an ‘interest’ in a family trust?
- how can family trust assets be exposed to claims against beneficiaries?
- what is likely to happen with beneficiaries, appointors, guardians and trustees in future?