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Discretionary trust interests: the Westpoint litigation paper

Published on 13 Sep 06 by VICTORIAN DIVISION, THE TAX INSTITUTE

This paper 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?

Author profiles:

Renuka SOMERS
Current at 23 June 2015 Click here to expand/collapse more articles by Renuka SOMERS.
 
Ron JORGENSEN
Current at 15 June 2011 Click here to expand/collapse more articles by Ron JORGENSEN.

 

This was presented at Trust Practices Under Threat! .

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