Tag: Drawbacks of Family Trusts

Family trusts and rural properties play significant roles in the fabric of family life and business in Cairns, Queensland. Understanding how these elements intersect with family law is essential for those who own rural properties and utilise family trusts. This comprehensive guide explores the intricacies of family trusts, their advantages and drawbacks, and how rural properties are treated under family law in Cairns. Introduction to Family Trusts [caption id="attachment_18106" align="alignright" width="350"] Family Trusts and Rural Properties[/caption] A family trust, often...