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Gift and loan back arrangements have been a staple for many years now, and they come in a variety of forms. But the decision of the Queensland Supreme Court in In the will of Prudence Veronica Permewan, deceased that a gift and loan back was invalid and unenforceable raises many questions.
Are gift and loan back arrangements still viable? How does the decision fit with other cases? Is more work required when setting up and maintaining gift and loan back arrangements? What should we do about existing gift and loan back arrangements?
In this webinar, we will dissect the decision and answer those questions, and also consider:
- What are gift and loan back arrangements and how should they work?
- Why was the gift and loan back arrangement invalid and unenforceable in Re Permewan?
- What are the risks in gift and loan back arrangements?
- How can we structure, implement and maintain gift and loan back arrangements after Re Permewan?
The webinar will be recorded, so, if you are unable to attend at the advertised time, we will send you the live recording for future viewing.
WEBINAR : The fallout from Re Permewan – is the gift and loan back still viable?
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