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Property of the parties or a financial resource? Valuing an interest in a discretionary trust. Seminar paper. April 2018
Seminar Paper
Call No:
F KN 214.6 W 2
Melbourne, Vic.: Television Education Network (TEN)
Introduction -- Family trusts -- Types of trusts -- Discretionary trusts -- Timeline -- Dichotomy - property or financial resources, or what else (no cigars)? -- Essence is the place of potential objects / mere beneficiaries -- Property -- Kennon v Spry: the majority judgment -- Indicia of "property" -- Evidence -- Financial resources -- When will an interest in a trust be a mere expectancy or not considered relevant at all? -- Other ways to skin a cat -- The critical step in framing the orders -- Issues around enforcement -- Discretionary trusts -- Conclusion: "The last word" -- Post script - September 2017 -- Schedule 1. case studies -- Schedule 2. Overview of Kennon v Spry -- Schedule 3. Cases post Kennon v Spry -- Bibliography
Also titled: Fast cars... discretionary trusts: property of the parties or a financial resource? July 2017
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