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Recession, Relationships & Family Trusts

by The Professional Trustee Team 13 Oct 09

Recessions bring about all sorts of changes. For example, in the legal world  people stop purchasing houses, so lawyers often run out of conveyancing work. Conversely, money starts to get tight so people start to sue each other. This of course means extra litigation work..

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Dad, Where's My Inheritance?

by The Professional Trustee Team 08 Sep 09

An interesting case has recently been handed down from the courts. This case now provides parents with the rights to strip their children of inheritances. The judgment goes against what was previously believed good law. To date, we have all thought that parents owe a duty..

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What’s Your Game Plan when YOU die?

by The Professional Trustee Team 20 Aug 09

Last week a friend of mine unexpectedly passed away. His passing left behind many family members and friends in great pain. It also resulted in quite a nightmare when it came down to dealing with his business and his personal assets. Since this is a..

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Family Trusts Explained

by The Professional Trustee Team 28 Jun 09

Everyone tells you to put your assets into trust and they even tell you what benefits a trust will bestow upon you, but very rarely does anyone take the time to explain what a trust actually is. Well this blog post is going to do..

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What is a Professional Trustee? Do I Really Need One?

by The Professional Trustee Team 23 Jun 09

Many people ask me what is a professional trustee is, what they do, and what value they can bring to a trust. Often, these people are considering how they want to structure their asset holdings and what sort of return they want to make from..

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Family Trust Gifting: The Dangers

by The Professional Trustee Team 18 Jun 09

This week I had an interesting conversation with two individuals who had received some really poor advice from their advisors. This advice has cost them dearly in terms of the assets they are about to lose. But the rot doesn't stop there, as the loss..

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The Beneficiaries Want The Money...Help!

by The Professional Trustee Team 17 Jun 09

You've worked hard for what you have and to ensure your assets are protected, you've gone to the trouble of putting them in a family trust. Now those assets are protected for you and your loved ones – for the beneficiaries of the trust. But..

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How To Lose Your House in 3 Easy Steps!

by The Professional Trustee Team 28 Apr 09

Congratulations! You've scrimped, scraped and struggled. But you've managed it! Yes, you've got your foot on the first rung of the property ladder. Finally, you have a place of your own. Just like a game of snakes and ladders though, you can easily slip down and..

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Thinking about and planning for our death is understandably a subject that most people prefer not to think about. It comes as no surprise to us because we see it every day, that many people just simply do not plan for what happens to their..

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