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Deborah Awyzio
Deborah Awyzio, Solicitor
Category: Australia Law
Satisfied Customers: 863
Experience:  Bachelor of Laws (QUT), BIT (QUT), Family Law Accredited Specialist, over 12 years experience
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I need to close my family trust as it has to much showing on

Customer Question

i need to close my family trust as it has to much showing on the books 5/6 hundred thousand dollars and is stopping us to get a full pension. The trust has no way of paying us the money as it has no money or assets but the money is showing as owing to us on the books What can we do to close it down
Submitted: 1 month ago.
Category: Australia Law
Expert:  Leon replied 1 month ago.

Good Morning.

My name is ***** ***** I am a NSW Solicitor. Thank you for your question, and will do my best to assist you with your question. Please understand this is not legal advise but a guide to assist you.

Who are the beneficiaries of the trust?