Expect the trickle of information about the Federal Government’s new AML/CTF regime to become a flood in the coming months. What does it mean in a practical sense for you and your clients? We have seen a rise in … Continued
It’s no secret that a large number of older legal documents are defective. What might surprise you is that our latest estimate indicates anywhere up to 50% of the documents we receive from firms contain flaws. Some of them are … Continued
A recent case in the Victorian Supreme Court has provided a timely reminder to trustees of family trusts: in the trust minutes, trustees are better off not explicitly setting out any reason for making a particular decision (such as distributing … Continued
If a client has had a falling out with a child, spouse or relative and wishes to exclude that person as a beneficiary of an existing discretionary trust, the trustee’s motive may come under scrutiny, as happened in Schreuders v … Continued
Did you know that when you purchase a discretionary trust or unit trust from Castle, we provide a stamping service? For many years, Castle has been given authority from the State Revenue Office of Victoria to stamp deeds in-house. This … Continued