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  2023

Asset protection post Permewan

Source: QLD

Published Date: 16 Feb 2023

 

Gift and loan back arrangements are a popular strategy for estate planning and asset protection. The case of Re Permewan (No 2) [2022] QSC 114 brings into question whether gift and loan back strategies can be effective. This presentation considers:

  • What did the Court say in Re Permewan? 
  • Why was the gift and loan back unsuccessful? 
  • What does Re Permewan mean for earlier gift and loan cases such as Atia v Nusbaum [2011] QSC044? 
  • Is Re Permewan confined to Queensland or do the principles apply more broadly? 
  • What is the impact on gift and loan back transactions moving forward? 

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Author(s)

Individual Session

Author(s): Caite Brewer , Pip Coore
Materials from this session:

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Details

  • Published By: Pip Coore, Caite Brewer
  • Published On:16 Feb 2023
  • Took place at:JW Marriott Gold Coast Resort & Spa

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