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I am after some basic advice to understand how our
Hello - I am after some basic advice to understand how our discretionary trust has been structured … read more
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I am a Trustee of a discretionary trust that owns Australian
I am a Trustee of a discretionary trust that owns Australian farmland to the value of approx. $5million. The trust was created in 1995 and now has outdated beneficiaries listed in the trust document. … read more
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Leon, From my understanding: A person is an entity. A
Hi Leon, From my understanding: A person is an entity. A company is an entity. A family trust is not a separate entity like a company it does not have an ACN, the assets and decisions are made by a Tr… read more
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I am trying to get a third opinion due to the fact that I have
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If members of a family set up trust which owns property, can
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Hi, I need your help: My husband and I own an investment
Hi, I need your help: My husband and I own an investment property and I would like to have my son inherit it. What would be the advantages and disadvantages in transferring the property now (such as t… 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 set up a discretionary trust in hong kong. HSBC is
My father set up a discretionary trust in hong kong. HSBC is Trustee. The vesting day is 21 years from date the Deed of Settlement is signed, 04/12/1978. My father was the 'appointer' but he passed aw… read more
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Hi there, My question is i currently have a discretionary
Hi there, My question is i currently have a discretionary family trust where i am the sole trustee.The problem was that was done years ago.I have since met a partner and my concern is as it stands if … read more
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We are farmers and our accountant is advising us to set up
We are farmers and our accountant is advising us to set up a discretionary Family Trust. Would this tie up the land if we want to sell in the future? What would happen to the trust if there is a death… read more
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We ar 4 adults and 2 minors .We are members of a family trust
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Hi, My sister and her fiancee want to buy their first house and I'm looking for an investment property. We are looking at buying a property (maybe a duplex) together but need to decide the best way to… read more
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My father is 81 yrs old, my 3 adult children and my sister have opened an account in my sisters name, I have suggested to my sister to agree to signing an agreement to protect our rights as beneficiar… read more
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Hi, I am wanting to set up a descretionary trust and new company which will be a "replacement arrangement" for our current company. My goals are assest protection and building wealth to buy properties… read more
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Following a divorce(5 years ago)- changing the benficiary in a family business trust. The ex wife to be removed as a beneficiary and replaced by the new wife.… read more
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Meet the Experts:

Deborah Awyzio

Deborah Awyzio

Solicitor

863 satisfied customers

Bachelor of Laws (QUT), BIT (QUT), Family Law Accredited Specialist, over 12 years experience

Sean

Sean

Experienced lawyer

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Law degree with 1st class honours from Australian National University.

Darren Kruse

Darren Kruse

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Practising in in Personal Injury, Workcover, Civil Disputes, Family, Wills and Estates and Criminal law.

Leon

Leon

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BEc Dip Ed, Dip Law (SAB) MTax (UNSW)

John Melis

John Melis

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Family Law, Commercial Law, Property law, Probate & Wills, Employment Law, International Law, Criminal and Traffic Law, Litigation Tribunal & Courts

Daniel

Daniel

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Bachelor of Laws (dist) Graduate Diploma in Legal Practise. Admitted NSW Supreme Court / High Court

Patrick H.

Patrick H.

Lawyer

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Dip Law LPAB - Sydney based lawyer

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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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