Proposed Testamentary Trust Tax Changes: Government Signals Further Change

Proposed Testamentary Trust Tax Changes: Government Signals Further Change

Home » Wills & Estates

Proposed Testamentary Trust Tax Changes: Government Signals Further Change

Author: Robert Lamb

}

3 min read

23 Jun 2026

Share:

  • r
    Key Takeaways
  • ࠂ
    Recent reports indicate the Government intends to revise its proposed testamentary trust tax changes, however the legislation has not yet been introduced or passed by Parliament.
  • ࠂ
    Testamentary trusts remain an important Estate Planning tool, with flexibility continuing to be a key feature of a well-structured Will.
  • ࠂ
    There is no need to make immediate changes based on media reports alone, but if you have concerns about your Estate Plan, now is an appropriate time to seek advice.

Stay Up-To-Date

Subscribe to receive updates specific to your preferences

Subscribe

When the Federal Budget was handed down in May, the Government announced a proposal to introduce a minimum 30% tax rate on income from discretionary trusts, including discretionary testamentary trusts established from 1 July 2028.

At the time, we shared in our recent Federal Budget Proposal article that the proposal represented a significant potential change to Estate Planning and that, importantly, the legislation had not yet been introduced or passed by Parliament.

Since then, the Government has indicated it intends to revise the proposal. It has been widely reported that discretionary testamentary trusts established for genuine Estate Planning purposes will no longer be subject to the proposed 30% minimum tax. Instead, the proposed minimum tax is expected to only apply where income from those trusts is distributed to a corporate beneficiary.

While this is welcome news for many Australians, it is important to remember that the proposed legislation has not yet been finalised or passed by Parliament. The detail of the final law, including any exclusions and how they will operate in practice, remains uncertain.

What does this mean for your Estate Plan?

Our advice remains largely unchanged.

Testamentary trusts continue to be an important Estate Planning tool. They can provide significant benefits including:

  • Asset protection
  • Flexibility in administering inheritances
  • Protection for vulnerable beneficiaries, and
  • Tax planning opportunities where appropriate

The recent developments reinforce the importance of building flexibility into Estate Planning rather than reacting to proposals that may ultimately change before becoming law.

Should you change your Will?

For most people, there is no immediate need to amend an existing Will solely because of these announcements.

However, if you have questions about how the proposed changes may affect your Estate Plan, or you are considering updating your Will for other reasons, now is an appropriate time to seek advice.

As the legislation is still being developed, we are not yet able to provide definitive advice on how the final laws will affect individual Estate Plans. Once the legislation is settled, we will be able to provide more specific recommendations where required.

We're here to help

Our Wills & Estates team is here to discuss the proposed changes and answer any questions you may have about your Estate Planning arrangements. To arrange a confidential discussion, please contact Robert Lamb, Tracy Pratt or our Wills & Estates team on (07) 3220 1144 or send our team an email via email@hillhouse.com.au.

Areas of Expertise

Wills & Estates
Related Posts:
Leaving Your Home to a Loved One: Understanding Life Interests and Rights to Reside

Leaving Your Home to a Loved One: Understanding Life Interests and Rights to Reside

Home » Wills & Estates

Leaving Your Home to a Loved One: Understanding Life Interests and Rights to Reside

Author: Tracy Pratt

}

3 min read

9 Jun 2026

Share:

  • r
    Key Takeaways
  • ࠂ
    Understanding the distinction between a life interest and a right to reside under a Will is important, as each arrangement carries different legal rights and obligations.
  • ࠂ
    Life interests and rights to reside can delay the final administration of an estate and should be carefully considered as part of the estate planning process.
  • ࠂ
    An effective estate plan should align with your family's long-term needs while minimising potential legal, financial, and administrative complexities.

Stay Up-To-Date

Subscribe to receive updates specific to your preferences

Subscribe

When preparing a Will, many people want to ensure a loved one can continue living in the family home after they pass away while ultimately preserving the property for children or other beneficiaries.

A common way to achieve this is through either a life interest or a right to reside. These arrangements are often used in blended family situations, where a surviving spouse or partner is provided with housing security while the property is ultimately passed to the testator's children or other intended beneficiaries.

Although these terms are sometimes used interchangeably, they have very different legal consequences.

What is a Right to Reside?

A right to reside generally gives a person the personal right to live in a property for a specified period or for the remainder of their life, without receiving any ownership interest in the property.

In most cases, the occupant cannot sell, transfer or rent out the property. The property will usually remain in the name of the executor or trustee of the estate until the right to reside comes to an end.

A right to reside can be an effective option where the intention is simply to provide accommodation without granting broader rights over the property.

What is a Life Interest?

A life interest provides broader rights than a right to reside.

A person who receives a life interest (known as a life tenant) is entitled to use and enjoy the property for the duration of their lifetime. Depending on the terms of the Will, this may include the right to receive rental income from the property or, in some circumstances, the ability to sell the property and reinvest the proceeds.

A life interest can provide greater flexibility while still ensuring the property ultimately passes to the beneficiaries nominated under the Will.

Key Differences

While both arrangements allow a person to occupy a property, the rights and responsibilities attached to each can differ significantly.

Importantly, both a life interest and a right to reside can delay the final administration of an estate for many years. This may affect beneficiaries who are waiting to receive their entitlement and can create ongoing responsibilities for executors and trustees.

There may also be taxation, asset protection and aged care implications that should be carefully considered before either arrangement is included in a Will.

Practical Considerations

Careful drafting is essential to ensure your wishes are clearly expressed and can be effectively carried out.

A Will should address matters such as:

  • Who is responsible for council rates, insurance and utility costs
  • Who is responsible for maintenance and repairs
  • Whether the occupant can rent out the property
  • What happens if the occupant permanently leaves the property
  • What happens if the occupant moves into residential aged care
  • When and how the arrangement comes to an end

Addressing these issues upfront can help avoid uncertainty and minimise the risk of disputes after death.

The Risk of Poor Drafting 

Poorly drafted life interest or right to reside clauses can create significant conflict between the occupant and the residuary beneficiaries.

Disputes often arise regarding responsibility for expenses, maintenance obligations, the extent of the occupant's rights, or when the arrangement should terminate. These disputes can result in unnecessary legal costs, delays and emotional stress for families.

In some cases, Court intervention may be required to determine whether a clause creates a mere right of occupation or a true life interest.

Planning Ahead

A life interest or right to reside can be a valuable estate planning tool when structured appropriately. However, these arrangements should always be considered in the context of your broader estate plan, family circumstances and long-term objectives.

Careful planning and tailored legal advice can help ensure your Will provides certainty for your loved ones while minimising the potential for future disputes.

How Can We Help

If you are considering a life interest or right to reside in your Will, or would like to review your existing estate planning arrangements, our Wills & Estates team can assist. Contact our team at Hillhouse Legal Partners on (07) 3220 1144 to discuss your circumstances and the most appropriate approach for your estate planning needs.

Areas of Expertise

Wills & Estates
Related Posts:
Proposed Testamentary Trust Tax Changes: Government Signals Further Change

Queensland Trusts: The 2025 Reform Explained- What It Means For You

Home » Wills & Estates

Queensland Trusts: The 2025 Reform Explained - What It Means for You

Author: Robert Lamb, Anna Huang

}

3 min read

12 May 2026

Share:

  • r
    Key Takeaways
  • ࠂ
    The Trusts Act 2025 (Qld) introduces a modern, clearer framework for how trusts operate in Queensland
  • ࠂ
    Trustees now have broader powers, but those powers come with more clearly defined duties and accountability
  • ࠂ
    Beneficiaries have stronger rights, including better access to information and improved financial protections
  • ࠂ
    Now is the time to review your trust deed and governance processes to ensure they align with the new regime

Stay Up-To-Date

Subscribe to receive updates specific to your preferences

Subscribe

A long-awaited reset for trust law in Queensland

With the introduction of the Trusts Act 2025 (Qld) (the Act), the State has amended a 50-year old legislation that better reflects how trusts are used today.

While the core concept of a trust remains unchanged, the way trusts are administered, documented and challenged has evolved. The new Act is designed to simplify interpretation, improve transparency, and provide clearer guidance for trustees and beneficiaries alike.

A stronger statutory framework

The new Act now intends to operate despite inconsistent wording in a trust deed, except where the legislation itself permits otherwise. In practical terms, this means the trust deeds now need to be checked against the Act rather than treated as automatically prevailing over it.

Broader powers and clearer duties of trustees

The new Act now expands authority given to trustees. Trustees are now equipped with powers similar to those of an absolute owner of the trust assets, unless the trust deed says otherwise. This is intended to make day-to-day administration more workable and less dependent on long lists of specific powers in the trust deed.

This increased flexibility is particularly relevant for investment and decision-making. Trustees can now delegate certain functions, including investment responsibilities, provided strict requirements are met around documentation, time limits and oversight.

However, this is not a relaxation of responsibility. Quite the opposite.

The Act introduces a clear statutory framework for trustee duties which cannot be contracted out, requiring trustees to:

  • Act honestly and in good faith
  • Exercise appropriate care, skill and diligence
  • Prioritise the interests of beneficiaries
  • Maintain proper records and provide access when requested.

For professional trustees or those with specialist expertise, the expectations are even higher. This reflects a broader theme of the reforms: greater power paired with greater accountability.

 Clearer rules around who can act as trustee

The new legislation also tightens the rules around trustee eligibility and succession.

Under the new Act, a person can generally be a trustee unless they fall into a specific ineligible category. The Act now expressly prevents the following from being appointed as a trustee:

  • A child (under 18).
  • An individual who is insolvent under administration (e.g. a person subject to a bankruptcy order).
  • A corporation that is a “Chapter 5 body corporate” (a company in administration, being wound‑up, or otherwise under external administration).

This means trust deeds no longer need to rely on specific clauses in the trust deeds to exclude minor or insolvent entities.

At the same time, the process for appointing and replacing trustees has been made more practical, particularly where incapacity becomes an issue because the Act builds in statutory fallbacks instead of always requiring a court order.

Trustees can now be appointed by the appointor, by any other mechanism in the deed, or by statutory powers if no one else acts within a reasonable time, and the Act also clarifies who may remove a trustee (e.g., appointor or continuing trustees) where the trustee is unfit, incapable, or unable to act, reducing the need for ad‑hoc court applications.

A particularly useful change arises when a sole trustee loses capacity. Previously, if the deed did not provide for replacement, a court order was often required just to swap in a new trustee. Under the new Act, the attorney or administrator with authority over the last continuing trustee’s financial matters can now appoint a new trustee (including themselves), without needing to go to court first, so long as no other mechanism in the trust is available.

This is a welcome change for many families and business structures, where delays or uncertainty around trustee succession can create unnecessary risk.

Stronger rights and protections for beneficiaries

From a beneficiary perspective, the reforms introduce greater transparency and more meaningful protections.

Beneficiaries now have clearer rights to access trust information as Trustees are required to maintain accurate records and make them available for inspection and copying upon request.  Where necessary, the beneficiary may ask the court to order disclosure.

There is also increased flexibility when it comes to financial support. The statutory allowance for applying capital toward a beneficiary’s maintenance, education, or advancement has increased substantially from the former $2,000 figure. The new threshold is $100,000 or half of the beneficiary’s presumptive entitlement, whichever is greater, which may reduce the need for court applications in many ordinary cases.

Importantly, where distribution issues arise, beneficiaries may now be able to take action directly against recipients of incorrectly distributed assets, rather than navigating more complex recovery pathways.

A more accessible approach to dispute resolution

By explicitly including the District Court into the statutory framework to hear trust-related matters below the $750,000 monetary threshold, the Act aims to make resolving trust disputes more efficient and accessible as not every trust-related application needs to be heard at the Supreme Court.

Furthermore, with expanded jurisdiction, the courts are better equipped to deal with trust-related issues, including appointing or removing trustees and reviewing trustee conduct. This should help reduce time and cost barriers that have historically discouraged parties from seeking resolution.

What you should do in practice

In many cases, these statutory changes will not require a complete overhaul of existing trust arrangements. However, they do create a new baseline for how trusts should be managed. We encourage you to consider taking the following actions now, depending on your capacity or role.

If you are a trustee:

  • Review the trust deed to identify provisions that may no longer operate as expected under the new Act, especially provisions dealing with powers, delegation, records, indemnities, and beneficiary access to information
  • Check and ensure all trustees meet the eligibility requirements under the Act
  • Check whether trust accounts, minutes, and supporting records are complete and kept separately for each trust
  • Review any trustee remuneration, commissions, or related-party payment arrangements to ensure they can be justified if challenged
  • Confirm that there is a practical process for replacing the trustee if a current trustee retires, dies, loses capacity, or becomes insolvent

If you are a family or business owner using a trust:

  • Review any family trust, unit trust, or trading trust used in your business structure to make sure it still achieves the intended commercial and succession outcomes under the new legislation
  • Consider whether the broader trustee powers affect long-term control, succession planning, or asset protection arrangements
  • Obtain legal and tax advice before changing a trust deed, because amendments may have consequences including tax, duty, and estate-planning implications

If you are a beneficiary:

  • Familiarise yourself with your rights obtain trust accounts, records, or explanations from the trustee
  • Seek prompt legal advice if you suspect trust property has been transferred, distributed, or dealt with in a way that may not comply with the trust

The bottom line

The Trusts Act 2025 (Qld) represents a meaningful shift towards clarity, accountability and modern practice.

For trustees, it brings greater flexibility, but also a higher standard of conduct. For beneficiaries, it delivers improved visibility and protection.

As with most legislative change, the opportunity lies in being proactive. A timely review now can help ensure your trust structure continues to operate as intended, without unnecessary risk.

Next steps

If you would like support reviewing your trust deed or understanding how these changes apply to your circumstances, our Wills & Estates team is here to help.

Areas of Expertise

Wills & Estates
Corporate & Commercial
Related Posts:
Wills and Estate Planning Guide

Wills and Estate Planning Guide

Home » Wills & Estates

Wills and Estate Planning Guide

Author: Robert Lamb, Anna Huang

}

3 min read

8 May 2026

Share:

  • r
    Key Takeaways
  • ࠂ
    A complete estate plan should include a valid Will, Enduring Power of Attorney, Advance Health Directive, and updated superannuation nominations to ensure your assets, healthcare, and financial decisions are managed according to your wishes if you lose capacity or pass away.
  • ࠂ
    Estate planning is especially important for business owners, company directors, trustees, and SMSF members, as proper succession planning helps avoid operational disruption, disputes, and uncertainty for those left behind.
  • ࠂ
    Without an estate plan, your estate and personal affairs may be controlled by default legal rules or court-appointed decision-makers, potentially leading to unintended outcomes, family disputes, delays, and increased legal costs.

Stay Up-To-Date

Subscribe to receive updates specific to your preferences

Subscribe

Why Estate Planning Matters

When it comes to securing your legacy, caring for your loved ones, and protecting your hard-earned assets, estate planning is essential. It’s not just about what happens after you are gone – it’s about ensuring you remain in control of your personal, financial, and medical decisions if you lose the ability to make them yourself. Whether your circumstances are straightforward or complex, having a clear and legally sound estate plan can make a world of difference for you and your loved ones.

About This Guide
This guide has been created by the Hillhouse team to help you plan with clarity and confidence. Whether you’re creating your first estate plan or updating an existing one, this guide outlines why estate planning matters, what’s involved (including Wills and trusts, Enduring Powers of Attorney, Advance Health Directives, and Superannuation), and what can happen if no plan is in place. It also provides a helpful checklist and key questions to consider before meeting with one of our estate planning experts, so you can make informed decisions and get the most out of your time with us. Above all, this guide is here to help you protect what matters most - your loved ones, your wishes, and your legacy.

A properly structured estate plan can:
- Safeguard your assets for your chosen beneficiaries
- Appoint trusted individuals to manage your personal, medical, and financial affairs if you lose capacity
- Minimise legal disputes, delays, and unnecessary costs for your family
- Provide clarity and reduce emotional stress for those you leave behind.

Without an estate plan, crucial decisions may be left in the hands of the courts – leading to unintended outcomes and complex legal battles. With expert legal guidance, you can ensure your estate is handled according to your wishes.

What Makes Up an Estate Plan?

A comprehensive estate plan is tailored to your individual circumstances, family dynamics, financial situation, and long-term
goals. As a starting point, several key documents and considerations form the foundation of any effective estate plan:

1. Your Will
A Will is the cornerstone of any estate plan. It’s a legal document that outlines your instructions for how your assets and responsibilities should be handled after your death.

Your Will allows you to:
- Nominate beneficiaries – Specify who should receive your property, savings, heirlooms, and other belongings
- Appoint an Executor – Choose someone you trust to carry out your wishes and manage your estate’s administration
- Nominate Guardians – Appoint a trusted person to care for your children and/or pets
- Establish Testamentary Trusts – Protect assets for young or vulnerable beneficiaries by setting up testamentary trusts managed by a Trustee that you nominate.

When Should You Make a Will?
You should prepare a Will while you have full testamentary capacity. If you lose mental capacity – due to illness, injury, or age – you cannot legally create or amend a Will. That’s why planning early is critical. Even if you already have a Will, significant life changes – such as marriage, divorce, birth of a child, or major financial changes – may require updates to reflect your current wishes.

2. Enduring Power of Attorney (EPOA)
An Enduring Power of Attorney allows you to legally appoint someone to make decisions on your behalf if you become unable to do so.

It covers:
- Financial decisions – Managing bank accounts, paying bills, and selling property
- Personal and health decisions – Decisions about your medical treatments, living arrangements, support services, and overall wellbeing.

This document must be completed while you are still mentally capable. It provides peace of mind that someone you trust will be able to step in if something unexpected happens.

3. Advance Health Directive (AHD)
An Advance Health Directive supplements your EPOA and serves as your voice when you can no longer speak for yourself. It allows you to document your medical preferences in advance, ensuring your wishes are known and respected.

It may include:
- Instructions about life-sustaining treatments
- Preferences around palliative care
- Consent or refusal for certain procedures.

This reduces the emotional burden on loved ones and helps medical professionals act in line with your values and preferences.

4. Superannuation and Binding Nominations
Many people are surprised to learn that their superannuation is not automatically covered by a Will. Superannuation funds are governed by separate rules, and unless you have made a Binding Death Benefit Nomination (BDBN), the fund’s trustee has discretion over how your super is distributed.

A BDBN allows you to:
- Direct who will receive your superannuation and any attached life insurance
- Make your wishes legally binding on the superannuation trustee
- Reduce the risk of family disputes or delays in distribution.

Depending on your super fund, your BDBN may have an expiry date. It’s important to regularly review and update your nomination to ensure it remains valid and enforceable and reflects your current circumstances.

Special Considerations for Business Owners and Trustees
Estate planning is even more critical when you have responsibilities beyond your personal life. If you’re involved in a business or act in a fiduciary role, your plan should include who will step into those roles if you are no longer able to do so.

You should specifically address succession planning if you are:
- A director of a company (particularly a private company)
- A trustee of a discretionary or family trust
- A trustee or member of a self-managed superannuation
fund (SMSF).

Failing to plan for these roles can disrupt business operations and lead to confusion or disputes. Proper legal structuring and documentation ensures a smooth transition and protect all involved parties.

What Happens Without an Estate Plan?
If you die without a valid Will – referred to as dying intestate – your estate will be distributed according to a fixed legal formula, which varies between states. This may not reflect your true wishes or the needs of your loved ones.

Unintended outcomes that commonly arises as a result of dying intestate include:
- Assets going to unintended beneficiaries
- Children or dependents receiving insufficient support
- Family disputes over entitlements
- Delays and increased legal costs.

Similarly, without an EPOA or AHD in place, decisions about your health and finances may fall to a court appointed guardian or administrator – someone you might not have chosen yourself.

How to Get Started

Estate planning doesn’t have to be overwhelming. The most important step is simply to start. Here’s a checklist to guide your first conversations with your legal adviser:

Estate Planning Checklist:

  • Draft or update your Will
  • Appoint an Executor and (if applicable) Guardians for your children
  • Create an Enduring Power of Attorney
  • Complete an Advance Health Directive
  • Review your superannuation and make a Binding Death Benefit Nomination
  • Consider trusts for children or vulnerable beneficiaries
  • Identify business succession and trustee responsibilities
  • Discuss your plan with your family to avoid surprises
  • Review your plan regularly, especially after major life events.

Each step helps ensures that you – not someone else – remain in control of your affairs.

Estate Administration: The Process Explained

Estate administration is the process of managing a person’s estate and affairs after they have passed away. If a valid Will exists, the named Executor in the Will carries out this responsibility. If the deceased person did not have a Will, the next of kin will need to apply to the court to be given authority to administer the deceased person’s estate.

Key Steps Include:
1. Notifying Beneficiaries – Locate and inform those named in the Will
2. Identifying Assets and Liabilities – Including property, bank accounts, superannuation, debts, and taxes obligations
3. Applying for Probate or Letters of Administration (if required) – This is the formal legal authority needed to manage the estate
- Probate – If there’s a Will
- Letters of Administration – If there’s no Will or no valid Executor
4. Consolidating or selling assets and paying off debts
5. Lodging final tax returns
6. Creating Testamentary Trusts (if relevant)
7. Distributing the estate – According to the Will or laws of intestacy if no Will exists.

Tip for Executors: Seek legal advice to ensure full compliance with the law and avoid potential personal liability.

Secure Your Legacy Today
A well-considered estate plan is one of the most meaningful gifts you can give your loved ones. It ensures your voice is heard, your intentions are respected, and your legacy lives on in the way you choose.

At our firm, we understand the personal and legal nuances of estate planning. Whether you’re preparing your first Will, updating existing documents, or managing complex business interests, we’re here to support you
every step of the way.

Areas of Expertise

Wills & Estates
Related Posts:
Inheritances, Early Gifts and Family Law: Is What You Receive Really Protected?

Inheritances, Early Gifts and Family Law: Is What You Receive Really Protected?

Home » Wills & Estates

Inheritances, Early Gifts and Family Law: Is What You Receive Really Protected?

Author: Robert Lamb

}

3 min read

21 Jan 2026

Share:

  • r
    Key Takeaways
  • An inheritance is not automatically protected in family law property settlements.
  • The timing and use of an inheritance or early gift can significantly affect how it is treated.
  • Early financial support from parents or grandparents should be clearly documented to avoid future disputes.
  • Proactive advice across Family Law and Wills & Estates can help protect assets and reduce conflict.

Stay Up-To-Date

Subscribe to receive updates specific to your preferences

Subscribe

For many families, an inheritance represents far more than money. It can symbolise a lifetime of hard work, family legacy, and the desire to support the next generation. But when relationships break down, inheritances and even early gifts from parents or grandparents, can quickly become one of the most contentious issues in family law and estate disputes.

A common misconception I hear from clients is: “An inheritance is mine — surely it’s protected?”
Unfortunately, in family law, the answer is rarely that simple.

Are inheritances protected in family law?

Ultimately the Court in any Family law matter must make a decision that is just and equitable in all the circumstances and the Court’s powers in this regard are wide.

Depending on the circumstances, an inheritance may:

  • be included in the overall property pool as a financial resource;
  • be excluded entirely but still influence the final outcome; or
  • have no bearing on the final outcome.

What the Court cannot do is ignore it altogether. The general answer is that powers of the Court under the Family Law Act are wide and whilst an inheritance can be taken into account it is usually under very specific circumstances.

 This uncertainty is often what leads to conflict. The person who received the inheritance understandably feels it should remain theirs. The other party may argue it should be shared, particularly if it benefited the relationship or significantly altered the couple’s financial position.

Timing matters but it’s not everything

One of the most important factors the Court considers is when the inheritance was received. Broadly, this may be:

  • before the relationship began;
  • during the relationship; or
  • after separation.

An inheritance received early in a long relationship and used to support family expenses, purchase property, or reduce debt may be treated very differently from an inheritance received after separation and kept entirely separate.

However, timing alone does not determine the outcome. The Court will also look closely at how the inheritance was applied and whether the other party contributed to its preservation or growth.

Early inheritances and family support - a growing issue

An increasingly common scenario we see involves “early inheritances”. Many parents and grandparents are choosing to provide financial assistance while they are alive, helping with school fees, house deposits, or living expenses rather than waiting until their estate is distributed.

It has been widely reported that a significant proportion of private school fees are now paid, at least in part, by grandparents. Often, these payments are later “equalised” through Wills so that other children who did not receive early assistance are treated fairly.

While this approach can make practical sense for families, it can create real legal risk if relationships later break down or such payments are not properly documented.

Was the payment a gift?
A loan?
An advance on an inheritance?

If this is not clearly documented, early financial support can unintentionally become entangled in family law proceedings or even in future disputes between siblings.

What factors will the Court consider?

When determining how an inheritance or early gift should be treated, the Court may consider:

  • the timing of the inheritance or gift;
  • the size of the inheritance relative to the total asset pool;
  • how the funds were used;
  • whether the non-recipient contributed to its preservation or improvement; and
  • the overall contributions of each party and their future needs.

The Court’s role is to reach a just and equitable outcome, not simply to trace where money came from.

Why early legal advice matters

Whether you are:

  • expecting an inheritance;
  • receiving early financial support from family;
  • separating and unsure how an inheritance will be treated; or
  • planning your estate and wanting to protect what you pass on to your children or grandchildren

early legal advice can make a significant difference.

Tools such as Binding Financial Agreements, careful structuring of gifts, clear documentation and well-drafted estate planning documents can help manage risk and reduce future disputes whether inside or outside your family  but they are most effective when put in place before problems arise.

At Hillhouse Legal Partners, our team works closely across Family Law, Wills & Estates and Litigation, allowing us to take a holistic view of your situation and provide advice that is practical, strategic and tailored to your family dynamics.

Final thoughts

Most people want to be generous and assist their children and grandchildren.

Inheritances and family assistance are deeply personal matters. When relationships change, emotions can run high and legal complexity quickly follows.

Understanding your position and planning ahead is the best way to protect both your interests and your family relationships.

If you have questions about how an inheritance, early gift or family support may be treated, or you want to take steps now to safeguard the future, I encourage you to reach out to discuss your options with our team.

Areas of Expertise

Wills & Estates
Family Law
Related Posts: