estate planning
IndustryReferenced in 2 bills
Trusts Bill 2024
This bill would replace Queensland's 50-year-old trusts legislation with a modernised law based on a Queensland Law Reform Commission review. It clarifies the powers and duties of trustees, makes it easier to replace trustees who die or lose capacity, and provides cheaper options for resolving trust disputes. The bill lapsed and did not become law when the 57th Parliament ended.
21/5/2024· Lapsed· Hon Y D'Ath MP
Justice & RightsBusiness & Economy
Trusts Bill 2025
This bill replaces Queensland's 50-year-old trust law with modern legislation. It clarifies the powers and duties of trustees, makes it easier to replace trustees who die or become incapacitated, and gives beneficiaries clearer rights to see how their trust is being managed.
18/2/2025· PASSED with amendment· Hon D Frecklington MP
Justice & RightsBusiness & Economy
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