What is included as assets

‘Assets’ are any tangible or intangible property or interest which has economic value to the person applying for a grant of legal assistance or to any financially associated person (FAP), including:

• real estate
• investments, shares, options or interests in trusts or companies
• trading stock
• plant and equipment (excluding tools of trade, unless they are exceptionally valuable)
• unpreserved superannuation
• a debt, any other right or goodwill and any other form of intangible property
• any asset in which the person (or any FAP) has an equitable interest.

See also: Allowable assets