Legal Tip 167: What is a Settlor? The settlor is the person that contributes the initial property to a trust. Usually the settlor is the person...
Incorporating a Trust into a Strategy Recycling Debt It is possible to incorporate a discretionary trust in a strategy of recycling debt. This...
Deductibility for Costs of Setting Up a Trust The costs of setting up a trust are generally not deductible. However the costs may be...
Can an accountant do his own tax returns for the trusts that he is a beneficiary to or does it require an independent accountant?
Legal Tip 166: Stamp Duty on Trust formations in NSW In NSW there is $500 stamp duty levied on a trust that is set up with ‘unidentified...
Tax Tip 163: Trusts and Land Tax in SA. The land tax laws differ from state to state. Below are some points on the taxing of discretionary, and...
He we go again, another crack at Trust reform. Given the way the Libs are behaving a Labor Government is looking a strong probability next...
Paper from Australia Institute: http://www.tai.org.au/sites/defualt/files/P428 Trusts and Tax Avoidance - Richardson - FINAL.pdf Summary from...
The Attorney General has asked the Law Reform Commission to review and report on two aspects of the law relating to beneficiaries of trusts: the...
Legal Tips: Avoiding Unpaid Present Entitlements (UPEs) What are UPEs? They are basically trust distributions which are not actually paid out of...
Trusts and Family Law People often associate trusts with asset protection, especially discretionary trusts. However this is mainly in the event...
Legal Tip 159: One Person owning one Property in 2 or more Different Capacities This one is a doozy. Something I have never seen in practice,...
Good Evening, Little Back Story. We have a PPOR and 3 investment properties, all CF+ . My family consists of myself and 3 sons. the two eldest...
The Brickx PDS has an interesting section on certain types of stamp duty that may be applicable to dealings with the trusts that own the...
OK i am done with my accountant, constant errors, delays in doing our tax returns (2 trusts & 2 personal), bouncing me from one office admin to...
The 3 Categories of Trusts There are 3 different ways trusts can arise 1. Express Trusts The express trust is one deliberately set up. Ie....
Dear all thanks for the education I receive by reading your questions and responses. @TerryW in particular. I have a question regarding...
Consider this situation, a property is held in a unit trust for many years. The unit holder of the unit trust is a hybrid trust. The sole initial...
Poached from the SMH - ssshhh! Don't tell anyone.
Anyone ever involved in syndicates or trusts? Either as an investor or running them? Not a bad way to make money in fees. "Capital Raising...
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