Battle to bust the trust
Article by Manny Wood published in the Coffs Coast News Of The Area on 6 December 2024. When James and Mary were married in the early 80s, they enjoyed a wonderful evening, dancing to Lionel Richie all night long. As years passed, so did their taste in music…. thankfully, however their relationship eventually soured, leading to a lengthy Court battle. James, who ran a successful business, had established a discretionary trust before his marriage, naming himself as the trust appointer and trustee. The trust continued to grow throughout their marriage, holding significant assets, including real estate and investments, which were integral to the family's wealth. During the [...]