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...
A discretionary trust can have beneficiaries other than members from the same family. A friend could be included as a beneficiary of the trust...
Some people ask me what the tax rate is for trusts. Trusts are treated as a separate tax entity, but they generally do not pay tax. They are what...
Hello All Quick question, if a discretionary trust has a loss in a financial year, can another discretionary trust who has income distribute to...
The Main Residence CGT Exemption on a Property Held in Trust? A property held by a trust generally doesn’t qualify for the main residence CGT...
Hi All, I am trying to figure out the benefits of getting a depreciation schedule for a slightly negative geared property held by a discretionary...
My previous accountant has posted me copies of a Discretionary Trust as his office is now going paperless. These copies are unsigned and therefore...
A question in relation to the information provided in the below link that i haven't been able to find an answer. The Tax Issues of Using a Trust...
Where a person is a beneficiary of a discretionary trust, there is never any certainty of them ever receiving income from the trust. If there was...
Legal Tip 226: Asset Protection Risks of Trusts with No Appointors Discretionary trusts usually have a position in the trust called that of...
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