Be Wary to Vary and Exercise Discretion: Re Owies Family Trust

In this episode, Caite & Michele discuss:

• The family trust case of Re Owies Family Trust [2020] VSC 716
• Where the power to vary a trust was not sufficient to amend the description of the "Guardian and Appointor" of the trust
• Where the trustee was found not to have acted with 'real and genuine' consideration of potential beneficiaries of the family trust in relation to income distributions
• What's coming up in our next episode and a heads up on a little surprise we have coming up!.

Have a question or want to submit a case for discussion, send Caite & Michele an email at hello@theheirwaves.com. 

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See you next time on The Heir Waves.

 

** IMPORTANT NOTICE **

The information provided in this podcast is not to be construed as legal advice under any circumstances. The information provided is of a general nature. If you require help with a legal matter, contact your lawyer and obtain advice for your specific circumstances.