Five ways to avoid a family wealth battle

The Rinehart family court case highlights the need to have a clean and co-operative approach to family trusts.

The Rinehart family feud has quickly become Australia’s finest soap opera. But there’s also a lesson to be learned from this tumultuous drama: how not to go about wealth succession and estate planning.

If anything, the sight of Australia’s richest woman and one of her daughters in open conflict with the rest of her family over the family fortune tells us that money alone is no solution … you need a robust strategy.

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