Free Trust Seminar in Sydney

Sydney Law firm, Bartier Perry, are offering a free seminar on "Family Trusts – are your assets covered" in Sydney city on 26 Sept starting at

5pm for approx 1 hr.

If anyone is interested in attending, I have a copy of the PDF flyer which they have sent me. Send me an email if you want a copy.

Details:

Recent developments in the law relating to family discretionary trusts and in

particular the Federal Court decision late last year in the Richstar case have

raised issues as to whether assets in some family trusts may be exposed.

For example, there may be circumstances where the bankruptcy of the person

controlling the trust may prompt a trustee in bankrputcy or another aggrieved

person to seek access to the trust’s assets.

Further, many family trusts may not adequately address issues of succession

planning, for example, in situations where those persons who control the

trust die without leaving another party in the proper position to control the

trust.

There are also a myriad of tax and accounting issues that arise through the

use of trusts. There are some important traps and planning points that need

to be kept in mind so as to avoid unintended tax liabilities and consequences.

We hope you can join us for a short information session where we will explore

these and other issues associated with family trusts both from a legal and

accounting perspective.