Hello, Hoping for some advice on an error I have made.. I set up a SMSF around five years ago with a company as trustee for the fund. When setting...
I learned this from a recent podcast. There is an issue with unit trusts that are set up yet don’t hold any property immediately. A trust is...
The settlor is the person who gifts property to the trustee to start off a discretionary trust, or sometimes a unit trust. For tax reasons they...
For a trust to exist the trustee needs to hold property for the benefit of other persons. Cash is ‘property’ and it can easily be transferred....
A settlor is the person that starts a trust off by giving the initial property to the trustee and asking them to hold this on trust for the...
A settlor can be a beneficiary under a trust. see Legal Tip 180: Can a Settlor also be a Beneficiary Under a Trust Legal Tip 180: Can a Settlor...
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