Family Trusts can be a very effective at building and protecting wealth, including
generational wealth. The clear benefit of a family trust is that it may offer asset protection,
income flexibility and significant tax advantages, providing benefits to your family.
If you have recently become involved in Court proceedings relating to arrangements for children, you may have been ordered to participate in interviews for a Child Impact Report. Such reports are frequently ordered prior to an interim hearing in the Federal Circuit and Family Court of Australia.
Before applying to the court for Orders about children, you are required to engage in Family Dispute Resolution (FDR), such as mediation, and try to resolve the issues outside of court.
In response to the COVID-19 lockdown laws and social distancing guidelines, NSW Parliament has introduced the Electronic Transactions Amendment (COVID-19 Witnessing of Documents) Regulation 2020.various aspects of your estate/family situation, along with a few other reasons.
This is a question which we are often asked by clients and the short answer is “Yes”.
The main reason why is the law of intestacy and its impact on various aspects of your estate/family situation, along with a few other reasons.
Gift or Loan? The Family Courts are seeing a rise in cases involving third parties asserting an interest in property settlement between husband and wife.