If the trustee of a discretionary trust has made a Family Trust Election then the trustee will need to pay Family Trust Distributions Tax if...
If a Trust has made a Family Trust Election then someone outside of the family group who benefits from that trust can result in Family Trust...
I have written about the need for Family Trust Elections to be made here Tax Tip 255: What is a Family Trust election? Tax Tip 255:...
It depends. Often the a ‘family trust’ is used to refer to a discretionary trust set up for a family group. In these situations, they are the...
When making a family trust election (FTE) careful consideration should be given to the potential future estate planning effects, especially on the...
A Family Trust Election is an election made by the trustee of a discretionary trust to make that trust into a ‘family trust’ for tax purposes....
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