Sub Trusts – Part 2

Sub Trusts – Part 2

To view Failed Asset Protection article please click the “read more” button. Failed Asset Protection by Cartland Law | April 8, 2024 | Adrian Cartland, Failed Asset Protection, Latest News, Payments, Succession Planning, Tax, Trust, Trust Problems | 0...
Failed Asset Protection

Failed Asset Protection

Notwithstanding that a promissory note is a relatively simple instrument, it may be drawn incorrectly. Examples of this are Re Permewan [26] and Turner v O’Bryan-Turner, [27] both of which involved a “gift and loan back” scheme. A further analysis of these cases is...

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Why I Hate Your Sub-Trust

Why I Hate Your Sub-Trust

There is a certain type of sub-trust over income that many trust deeds purport to create, and which the Federal Commissioner purports to allow. This is where a trust is established over the income distributed from another trust. This is problematic for the reasons...
Dangers Of Law Clerks With Checklists

Dangers Of Law Clerks With Checklists

Dangers Of Law Clerks With Checklists The discussion surrounding the dangers of automation typically centre on novel and futuristic application of Artificial Intelligence. Even if we are not worried about Skynet terminating humans, we worry about application of data,...
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