Gift and loan-back strategy – interesting comments by the Supreme Court of Queensland

Re Permewan [2021] QSC 151 The gift and loan-back-strategy is widely employed in estate planning and asset protection scenarios. The essence of the strategy is as follows: The principal (who wishes to protect their assets) gifts a substantial sum, equivalent to the net value of the asset they are trying to protect to [...]

2021-10-11T16:30:42+10:00October 11th, 2021|

Landmark reforms create new child sex abuse crimes

The Queensland parliament is considering a bill intended to provide justice for victims of sex abuse.  The legislation implements recommendations from the recent royal commission.  It is expected to be passed and come into effect in February 2020. The changes include fundamental changes to the criminal law.  Among those changes, responsibility [...]

2019-12-17T09:35:29+10:00December 12th, 2019|
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