7 Steps to Setting Up a Family Trust
Trusts can be a powerful estate planning tool for individuals and families to protect and manage their assets, both during their lifetimes and after they pass away. Family trusts, in particular, are popular legal structures amongst many Australian families due to their high degree of flexibility, capital gains tax benefits and asset protection capabilities. However, […]
What is a Family Trust?
An Australian family trust is a legal entity used to manage family assets and family business assets. It can provide tax benefits and ensure assets pass on to future generations in the most tax-effective way. The most attractive feature of a family trust is that it’s discretionary, which means the trustees have discretion as to […]