The Basics of Trusts

You might have colleagues, friends or family who say they operate a trust. Trusts are often spoken about, but not often understood. So what is a trust? In its simplest form, a trust is a legal arrangement where property is held by one person (the trustee) for the benefit of another person (the beneficiary). The property that is held by […]

Personal Property Securities Register – Are You Ready?

In October 2011, the Commonwealth Government will introduce the new Personal Property Securities Register (PPSR) as part of the Personal Property Securities Act 2010.  At the present time, the States and Commonwealth all have separate registers and legislation dealing with personal property interests.  Examples of these include the Register of Encumbered Vehicles (REVS) in Queensland […]