A trustee’s right to be indemnified
As part of Aintree Group Legal’s ongoing series on Family Trusts, this week we look at a trustee’s right to indemnity out of trust assets.
-
-
The role of Corporate Appointors in family trust structures
As part of Aintree Group Legal’s ongoing series on Family Trusts, we look at the role of corporate appointors in complex family structures.
-
ATO sounds warning on SMSF / Vestey Trust Transactions
Just before the turn of the year, the ATO highlighted its concern with SMSFs entering into unusual asset protection arrangements. In particular, the ATO noted its concern with the use of ‘Vestey Trusts’ (see ATO release QC 71175, 22 December 2022). What is a Vestey Trust? Vestey Trusts are named after an old baronial English…
-
Unpaid Present Entitlements and Estate Planning
Last week, we looked at the ATO’s increased attention on unpaid present entitlements (UPEs) and arrangements that take the form of UPEs.
