Trust splitting for your family trust

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Trust splitting for your family trust

Trust splitting is a common term for an arrangement where separate trustees are appointed over different assets of an existing discretionary trust. Each trustee is typically controlled by a different party. The intention of trust splitting is to produce a structure where each trustee is able to deal with the […]

Appointor insane? Family Trust succession planning

Family Trust succession planning Many assets don’t go into your 3-Generational Testamentary Trust Will at death. These assets do not go into your Will joint tenancy superannuation (well not automatically) cross-owned insurance Family Trust assets (except for loan accounts). My doctoral thesis was on succession planning. And I can tell […]

Extend the vesting date of my trust?

Extend vesting date of my family trust? A trust at some point must vest. The trust must end after 80 years. This is based on ancient English law. The government does not want a trust to go on forever. This is because it may end up that no one is […]