Should trust succession be part of my Will?

by ADLV Law Team | 6 - 288, 6 - Build and protect your wealth (including trusts), 8 - 264, 8 - Pass on your wealth (including EP)

Discretionary or family trusts are often used by Australian family business owners seeking to separate business risk from their personal wealth.  When the controller of the trust dies, the assets in the trust are not dealt with as part of their Will.  What happens to...

Booklet: Controlling a Family Trust When You Die (Chapter 4 – Putting in place a ‘control structure’)

by ADLV Law Team | 6 - Build and protect your wealth (including trusts), Booklets, Resources

Below is Chapter 4 of our ‘Controlling a Family Trust When You Die’ booklet. To read the other chapters of our booklet, click the links below: Chapter 1 – Who controls your family trust? Chapter 2 – How do you give ‘fixed...

Booklet: Controlling a Family Trust When You Die (Chapter 3 – Distributing assets from the trust on your death)

by ADLV Law Team | 6 - Build and protect your wealth (including trusts), Booklets, Resources

Below is Chapter 3 of our ‘Controlling a Family Trust When You Die’ booklet. To read the other chapters of our booklet, click the links below: Chapter 1 – Who controls your family trust? Chapter 2 – How do you give ‘fixed...

Booklet: Controlling a Family Trust When You Die (Chapter 2 – How do you give ‘fixed percentages’ to your children?)

by ADLV Law Team | 6 - Build and protect your wealth (including trusts), Booklets, Resources

Below is Chapter 2 of our ‘Controlling a Family Trust When You Die’ booklet. To read the other chapters of our booklet, click the links below: Chapter 1 – Who controls your family trust? Chapter 3 – Distributing assets from the trust on your...

Booklet: Controlling a Family Trust When You Die (Chapter 1 – Who controls your family trust?)

by ADLV Law Team | 6 - Build and protect your wealth (including trusts), Booklets, Resources

Below is Chapter 1 of our ‘Controlling a Family Trust When You Die’ booklet. To read the other chapters of our booklet, click the links below: Chapter 2 – How do you give ‘fixed percentages’ to your children? Chapter 3 –...

Trust Issues | Why does the Governing Law of a Trust Matter?

by ADLV Law Team | 6 - 288, 6 - Build and protect your wealth (including trusts)

The governing law of a trust determines which State or Territory laws apply to the trust and which courts have the jurisdiction to hear a dispute.  Therefore, a trustee must know which laws govern the trust to perform their role properly. The governing law of a trust...