Published on 01 Oct 02
by "THE TAX SPECIALIST" JOURNAL ARTICLE
A consideration of the consequences of splitting the assets of a discretionary trust between two or more trustees by appointing a new trustee to hold some of the assets. The original trustee continues to hold the remaining assets. Both hold on the original trusts.
Please note that this paper was also presented by the author at the Trust Restructures - Splitting Trusts seminar held on 22 July 2003 at the City West Function Centre, West Perth, WA.
Grahame practises as commercial counsel at Francis Burt Chambers in Perth. Prior to commencing practice as a Barrister in 2001, he had broad experience as a solicitor and company director. Grahame’s principal areas of practice include transactional taxes; equity, trusts and succession; corporate law; and property law. He has a particular interest in structuring and restructuring corporate and family groups. He has spoken and written extensively on a wide range of legal and taxation topics for The Tax Institute and other professional bodies. He is editor of Duties Legislation Western Australia. Grahame has served as State Chair and National Councillor of The Tax Institute and received its Meritorious Service Award.
- Current at
19 May 2017