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There have been a number of contentious policy and legal developments in this area of trust law – especially in regard to the asset and income tests for the Residential Care Subsidy. These developments are now influencing how lawyers must advise their clients in relation to the formation of family trusts and the structure of gifting programmes.
By using various scenarios, the presenters will look at the tests and the impact they have on gifting and trusts including:
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Authors: Chris Kelly, Greg Kelly