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My husband and I are recently discharged from personal
My husband and I are recently discharged from personal bankruptcy. When we declared bankruptcy there was funds in our business TRUST account. It was a family trust. It has been declared now by our tru… read more
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quick questions i have an investment property i bought in Cyprus which is in a class action dispute for the last 8 years due to the developer not completing. I am an Austral***** *****ving overseas and about to return to Australia so wanted to know what means i may have to protecting assets upon my return, especially if i buy a proprty in Australia … read more
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I am the sole director of a company. The company is the
I am the sole director of a company. The company is the trustee of a trust. The company was deregistered by ASIC in May due to unpaid fees. I was not aware of the deregistration until now and the comp… read more
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Leon, From my understanding: A person is an entity. A
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My wife and I are beneficiaries of a trust that has a GST liability
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can a trustee(individual) be reinstated as a trustee after
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i am employed by a franchisee and am soon to be made redundant
i am employed by a franchisee and am soon to be made redundant which i am entitled to a pay out. the franchisee is a family trust. i have not been paid super for 4 years. unofficially i have been told… read more
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I am looking at declaring bankruptcy. About 15 months ago
I am looking at declaring bankruptcy. About 15 months ago I established a discretionary trust with a corporate trustee and deposited $50,000 from my personal account to the discretionary trust. Also a… read more
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1. My father established what I believe is a discretionary
1. My father established what I believe is a discretionary family trust in 1984, with himself and mother as trustees and himself mother and my two brothers and sister as beneficiaries. Income generati… read more
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my father passed (sept 08) during my bancrutcy period and left me some money the bankruptcy has now been discharged as of June 09 the proof of identity the state trustees want me to sign requires that… read more
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Hi, I am wanting to set up a descretionary trust and new company
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A trust changes is trustee from a company to an individual - who is the director of the company. At the time the trust had unpaid PAYG deductions - that is a tax debt under schedule 1 of the TAA 1953.… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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