Brian Hor at Townsends Law thinks there should be some thought given and preparation around seeking to minimise challenges to an estate by making pre-emptive decisions.
asset transfer
Creditor of custodian enforces debt against assets transferred to SMSF
The creditor of a custodian for an SMSF was able to enforce its rights against the asset – even though the asset was transferred to the SMSF just before the custodian was wound up. The liquidator sought to enforce the custodian’s right of indemnity in respect of the transferred asset. Clearly the custodian had a […]
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