About this Episode

No matter how carefully a will is drafted, eligible people can still challenge an estate. One way to remove that risk almost entirely is to make sure there's little or no estate in your personal name when you die - for example, by holding assets in a family trust instead. In this clip, Danielle works through how a couple might restructure their assets that way. It's powerful, but it isn't free or right for everyone: there are real costs like stamp duty and capital gains tax, and it needs your accountant and financial planner involved before you go near it.

In this conversation:

• The idea – avoiding estate claims by not having an estate
• How a couple might restructure assets into a family trust
• Selling and re-purchasing property within a trust structure
• Why this can give you greater control over how wealth is distributed
• The costs to weigh – stamp duty, transaction expenses and capital gains tax
• Why you must involve your accountant and financial planner first
• When the strategy makes sense, and when it doesn’t

Running time: 1 minute, 28 seconds