Creating a Family Trust can be an effective mechanism through which to safeguard your assets for the future. A carefully created Trust can also have many other benefits such as preventing relationship property claims and claims against estates, protection against creditors as well as tax advantages. Once assets are transferred into a Family Trust they are no longer owned personally. We have considerable expertise in the Family Trust area and can provide sound advice on creating a Trust that works in the way that the client wants it to as well as providing assistance with managing the Trust in the future and demystifying all the jargon associated with Trusts. Many clients consider setting up a Family Trust to protect relationship assets. If you are getting married or starting a relationship you may also wish to have a Contracting Out Agreement prepared for added asset protection.
Our family trust lawyers expertise includes: