Hello, I was wondering if anyone can help me. My ex husband and i started a family trust before we split, i am named as a beneficiary in the trust and am currently in the process of trying to get copies of the trust content. His accountant is stalling me, am i legally entitled to have them? Cheers.
Who controls the role of the appointor of the trust? You may be able to sack the trustee if you are the appointor. You may also be able to apply to the supreme court to change the trustee to yourself or an independent entity. Look at the Gina Reinhart case that was in the news recently. You may also be able to lodge a caveat over any property the trust owns - that will worry them. Also under the Family Law Act you can apply for orders on the trustee to transfer property. When going for a family law settlement both parties would need to disclose their interests in trusts so you may get to find out that way too. Maybe the family law court can make orders that the trust assets be disclosed too.
I am not sure as we did this trust 12 years ago and split 10 years ago. I was bullied and threatened to resign as director of our company, so stupidly did, and recently my accountant asked me if i ever had a family trust. When i mentioned we did, i had forgot all about it, so i rang my ex husbands accountant, and he thought i had signed a deed years ago to remove me, but no such deed was signed. So now i am asking for the paper work on the trust to go through it and find all these things out.
Buy High Growth Property WITHOUT Buyers Agents! Buy High Growth Property WITHOUT Dropping $15k On Buyers Agents Each Time! Helping People Achieve PASSIVE INCOME Using Our Unique Data-Driven System, So You Can Confidently Buy Top 5% Growth & Cashflow Property, Anywhere In Australia » Learn HOW Now!