Gift and Loan Backs - The Real Story From the Cases

There are a number of cases dealing with gift and loan backs, purportedly the most recent being Australian Competition and Consumer Commission v Master Wealth Control Pty Ltd [2024] FCA 344 which, despite headlines in accounting trade emails, had nothing to do with a gift loan back arrangement. In this one hour intensive Grant Abbott from Abbott and Mourly Lawyers and LightYear Docs will be doing an analysis of all the effective asset protection cases including the famous Atia v Nusbaum and Sharrment plus the ones where document was held to be invalid and why. We will also be doing a deep dive into the Protector and why it is vital for business clients right now.