Complex Estates And Trusts

High net worth individuals and business people often have complicated asset protection and tax planning structures in place.  These include:-

  • A family discretionary trust
  • Family companies, some of which may be designed to operate:
    • As a trading entity
    • To hold assets
    • To be a trustee
    • Self managed super funds (SMSF)
    • Interstate or overseas assets or entities
    • Unit trusts

They may have testamentary trusts set up in their wills or beneficiaries subject to a disability.

All of these things complicate the administration of their estates requiring an accredited specialist in wills and estates to sort it out upon death.  The executor will have to work closely with both the lawyer and accountant to provide the best outcome for the beneficiaries.

If you are in this situation, then help is at hand.  Call us at Willis & Bowring for specialist advice.