Bryan Mitchell TEP FTI is the managing director of Mitchells Solicitors. He is an Accredited Specialist in Succession Law. Bryan & his firm are recognised in Doyle’s Guide as leaders in Estate Planning and Estate Litigation in Australia. His practice works almost exclusively in the areas of Wills, Estates, Trusts & Elder Law. Bryan is a regular presenter. He is the recipient of the Society of Trust & Estates (“STEP”) Australia Masters Award 2023; immediate past Chair of STEP Australia; former Chair of STEP Queensland; Deputy Chair for the Queensland Law Society (“QLS”) Succession Law Policy Committee; Deputy Chair of the QLS Succession Law Specialist Accreditation Advisory Committee and member of University of Queensland Law School Advisory Board.
Paying It Forward: Loan Management Strategies in Estate Planning
Date/Time
About the Podcast
It has become very common these days for children to resort to the “bank of mum and dad” to purchase or renovate a home, but parents need to consider very carefully the risks and estate planning implications of providing such finance to their children. In this program, Bryan Mitchell, from Mitchells Solicitors Business Advisers in Brisbane, looks at the estate planning implications of such intergenerational advances, and the risks and strategies that need to be considered by parents both before and even after such advances to children are made. Issues raised include; whether the advance is a loan or a gift; loan documentation; tax and social security implications; drafting and revision of Wills; and avoiding or managing family disputes.
32 minutes / 0.5 CPD units
Presented By
Bryan Mitchell
Principal, Mitchells Solicitors Brisbane, QLDCPD Information
0.53 CPD Hours