How to Set Up a Family Trust in Australia
Setting up a family trust has gained substantial popularity as an influential strategy for preserving assets, minimising tax liabilities, and ensuring seamless wealth transfer across generations.
Setting up a family trust has gained substantial popularity as an influential strategy for preserving assets, minimising tax liabilities, and ensuring seamless wealth transfer across generations.
A Deed of Family Arrangement is a legal document that changes how assets of a deceased person’s estate are distributed. This may be an alteration to the provisions of a will or where no will exists, to alter the provisions of intestacy rules.
If you were a dependent of someone who has passed away and you do not receive an adequate share of their estate, you may be able to make an application to the Court to contest the Will and how the estate is distributed.