In an estate planning context, assets can come under threat from a variety of sources, eg:
Many of these risks can be removed or reduced if they are addressed long before the risk event occurring, eg by carefully drafted parent to child loan agreements (preferably secured) or by ensuring that assets fall outside the reach of an estate challenge. For people starting new domestic relationship, trusts can be established to ensure children from an earlier relationship are financially protected.
Personal trust summaries are available from Estate Planning Equation – Preventative Law for both a concessionally taxed child support trust and a pre-relationship capital reserved trust.
Committed to providing an effective and tailored strategy for the individual.