Published on 24 Nov 06
by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA
How do we assist clients to protect the wealth we help them generate? In recent years there has been a concerted push to enable assets to be recovered in bankruptcies. This paper will examine:
- using trusts to optimise asset protective structures
- competing issues when designing asset protection for clients
- implications of the High Court decision in Cummins’ case and proposed anti-avoidance provisions
- use of international trust structures for asset protection.