We held the second Family Law Seminar with ANZ at the Pavilion on 7 November 2017.   Unlike last time the audience was only ANZ internal staff members and we delivered the contents in English.   We had had a spirited exchange during the Q & A session with the 70+ audience. If you wish to obtain further relevant information on this topic, please contact our professional team at Focus Law.

Setting up family trusts is now a common practice. It has many advantages, one of which is asset protection. Assets transferred to a trust are not relationship property as it is no longer owned by you, but by the trust, though you can allocate yourself and anyone you like as beneficiaries. However, too many people do not understand how trusts work and that they are not ‘divorce-proof’ solutions. As a result, too many people fail to plan early enough.   Courts are able to set aside a disposition (placing of property into a trust) which was intended to defeat the rights [...]