By Hayden Nelson In the recent case of Bosanac v FCT (2022) 18 ABC(NS) 521, the High Court made a decision that touched on the legal principles involved with resulting …
Do I need a family trust? Probably not.
There are various types of trusts. This article uses general terminology but is probably most relevant in terms of family discretionary trusts, unless otherwise specified. Trusts have a few purposes. …
Foreign beneficiaries and discretionary trusts
Does your family trust expressly exclude ‘foreign persons’ as potential beneficiaries? Chances are, it does not, and Revenue Ruling G010 (v2) from the NSW Commissioner of State Revenue suggests …
Hancock v Rinehart – Dispute over the Hope Margaret Hancock Trust
Despite imposing her vast resources to pressure her children to prevent them taking control of the the Hope Margaret Hancock Trust, Gina Rinehart has failed to prevent her daughter Bianca Rinehart from being …
