The recent federal budget has thrown "a bit of a spanner in the works" for the many Australians who use and leverage trusts. This includes law firm owners and firm clients, especially those in the wills and estates space. Here, we unpack the impact of the changes and how best lawyers can proceed.
In this episode of The Lawyers Weekly Show, host Jerome Doraisamy welcomes back C Legal & Co founder and principal Claire Styles to discuss the changes that were announced and then updated, the uncertainty that has followed, how lawyers are responding to the changes, best serving clients in the immediate future and managing their anxieties, and what the new financial year will look like.
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