No matter how many safeguards we put in place, at some stage we’re all likely to face that moment when we can’t locate something we need. While forgetting where you left your keys before work in the morning, or … Continued
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