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Validity of Trusts  Form

Validity of Trusts Form

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Instructions and help about Validity Of Trusts

[Music] hello everybody my name is Michael Quinn I'm one of the directors of the Quinn group this week on quintessential TV we will be discussing trusts whether they're valid or not a recent case reminds us of the importance of the settled summon proper Trust Records in ensuring the validity of a trust the Victorian Civil Administration tribunal recently denied tax benefits that would otherwise be available to trusts in their finding that the Trust's did not in fact exist because the set of some had not been paid and the documents had not been executed the cases Eston australia property propriety limited and commissioner of state revenue taxation the case of aston reminds us that when you establish a trust you need to comply with the formalities although the establishment keeps and associated documents in document packages facilitate this it is essential that the set processes are followed with care and precision the tribunal had little empathy for the appellant

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