July 4, 2024

can i live in a property owned by my family trust | Walker Pender

Can I Live in a Property Owned by my Family Trust in QLD?

Living in a property owned by your family trust is indeed possible. This arrangement can offer advantages such as asset protection and potential tax benefits. However, there are crucial factors to consider.  You may lose the main residence exemption from capital gains tax, potentially incurring a tax liability upon selling the property.  Additionally, land tax

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if my daughter died will my son-in-law inherit my estate | Walker Pender Lawyers

If My Daughter Died Will My Son-in-Law Inherit My Estate?

If your daughter dies, whether or not your son-in-law will inherit your estate depends on the specific terms of your will and the inheritance laws in your jurisdiction. In Australia, unless explicitly stated in your will, your estate would not automatically pass to your son-in-law. Instead, your estate would be distributed according to your wishes

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