Interested to know, do you guys set up a new trust with each property purchase using the same trustee? If so, what should I know before doing the...
Many discretionary trusts are drafted in such a way that Beneficiaries will change over time. This will happen where the deed is worded so that...
Hi! I’m a long-time lurker and avid reader, but now I’d love some help! I’m wondering if anyone can give me some rough tips regarding amending a...
A company that is not trading will generally pay a maximum tax rate of 30% whereas an individual will generally pay a maximum of 47%. That means...
Tax Tip 367: Borrowing and Onlending Money to yourself as Trustee and Tax At law a person cannot contract with themselves. This is the case even...
It is rare, but I have seen at least one discretionary trust set up that did not have an appointor position. No one had the power to remove the...
Hi all Speaking in general terms, regarding most "standard" trust bundles online such as cleardocs etc Can the sole trustee of a trust appoint...
Discretionary trusts are usually set up with someone occupying a position known as the ‘appointor’. The appointor generally has the power to...
I wander if anyone can tell me if I owned an investment property that is currently in a discretionary trust, can I live in it? The trust has a...
From what I read on the internet, acting as a settlor for a discretionary trust is pretty much a favour done by the settlor to the trustee, and in...
Testamentary Discretionary Trusts, TDTs, are the ultimate structure. People are dying to get them they are so good. Testamentary trusts are...
Trusts are private affairs, the trust assets don’t pass via the will, and even the control of the trust doesn’t pass by will (except as a backup...
Sole trader currently operates a business using a single bank account. If moving the business to a discretionary trust with an individual trustee...
Planning to set up a DR strategy with my PPOR and a LOC (master limit). But looking at integrating under an existing discretionary trust with...
Hi folks, I’m puzzling over some legal advice on structures, and what questions we should be posing the accountants on this one, as it has some...
I get a lot of emails asking me about ‘Vestey Trusts’. There is no such thing at law as a vestey trust! You will not find it mentioned anywhere...
Long time lurker, first time poster. My question relates to implementing debt recycling in a family trust. Private Assets PPOR: 500k Home loan...
Some clients have asked to exclude children of one of them and their spouse but not both of them from being a beneficiary of a trust. Example...
Hi all, In the past 4 years, I have purchased 4 properties in QLD under my personal name. At the time of acquisition, I have paid stamp duty...
Hi, i need advise of people who know or been on my position before. 2 years ago i was advised by my lawyer and my accountant opened a Trust so i...
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