Utilising a Family Trust

Discussion in 'Accounting & Tax' started by clawzy, 7th Apr, 2013.

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  1. clawzy

    clawzy New Member

    Joined:
    1st Jul, 2015
    Posts:
    1
    Location:
    Melbourne
    Hi,

    I was hoping to get some assistance with and understanding of how I can use my Family Trust.

    I have some trailing commission that I was thinking of running through my Family Trust. The trust was originally in place to hold the shares of a company I owned and disbursement of income. It has pretty much been dormant for some time.

    Effectively I want a mechanism to receive the commissions then disburse the funds. Hoping someone may be able to explain the pros and cons of this approach over any other.

    Thanks.
     
    clawzy, 7th Apr, 2013
    #1
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