Advise H as to his rights against W.?

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FT pty ltd is trustee of T family trust for 4 children H,E,S,E.Asset of trust was hotelbusiness run by trustee under express power, trustee authorised to invest trust funds.H & E are beneficiaries who held their beneficial interest upon trust for other benefeciaries under sub-trusts.H held his interest upon trust for enstranged wife, W, under a deed of trust which provided that he is not entitled to personal right of indemnity against W. E had her interest for her 3 children F,G &Z. E assigned his interst to another party GM.FT entered into contract with F ltd in Aug 2005 for purchase of $100000 machine.Machine delievered,payment deferred March 2007.Contract by ft Pty ltd under 'as trustee of T family'.Trustee gave unsecured loan of 250000$ to D Pty Ltd run by S of T Family, but it went Bankrupt.No payment to F Ltd.Net assets of FT PTY ltd $10.Net asset of T family trust taken into account value of machine but ignoring any liability with respect to are valued at $20000.

Advise H as to his rights against W.?

Sorry I got blurry eyed after E's 3 children. Try and redo your post with some paragraphs and separate out the different parties so it is easier to understand all the relatiponships.

Would love to help you just need some clarity

Advise H as to his rights against W.?

How about just making up names intead of using initials so we can actually follow your story. I'm not even going to try to answer because I've had a long day and this is tiring.

So, to answer your question so I don't violate any precious Y/A rules, do whatever you please.



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