Conflict Guaranteed - Navigating Discretionary Family Trusts

Unlike ordinary trusts, discretionary trusts do not provide for the fixed entitlements and interests of beneficiaries. Instead, discretionary trusts revolve around the discretion and decision-making of the trustee. Inevitably, the trustee’s discretion introduces another layer of complexity into already challenging matters, such as property settlements.

This seminar will discuss discretionary family trusts, and will cover:

• How does the Federal Circuit and Family Court of Australia deal with Discretionary Trusts?
• The Exercise of trustee discretion while complying with obligations and limitations
• Challenging a trustee’s discretion
• Family trusts and the rights of discretionary beneficiaries
• Beneficiaries disputing a trustee’s decisions,
• Case updates and cases of significance discussed.

This seminar topic covers the essential knowledge for all practitioners whose practice encompasses wills, estate planning, or family law matters.