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When family and business interests intersect, the consequences can be legally and financially significant. The Supreme Court Court of Appeal decision inĀ Pamplin v Irwin [2024] NSWCA 213Ā illustrates how informal arrangements, unclear ownership structures, and a failure to document agreements can resu...
More and more clients are coming to Shire Legal to set up a family trust, usually on the advice of their accountant or financial adviser.  But this begs the questions – what is a trust?  And why is it recommended that you set up a company to run the trust?
What is a trust?
A trust is a relationshi...
This blog provides general information and should not be construed as legal advice. Laws may have changed since the publication of this content. We recommend consulting with a qualified legal professional to ensure compliance with current legislation and to address specific circumstances.