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Many families that own an income producing asset or business accept the advice of their accountant and establish a Trust in an effort to minimise the overall taxation position of the family. Catherine Leis a Senior Associate lawyer here at Clarke Hemmerling Lawyers explains how is this type of entity treated in family law and what happens to it when a couple separate.

This video post does not constitute legal advice and should not be relied upon as such. It is a general commentary on matters that may be of interest to you. Formal legal or other professional advice should be sought before acting or relying on any matter arising from this communication.