No Kev
The reason is that the ATO will not allow a tax deduction for interest incurred on a loan unless you can show that you will receive income without discretion.
Nick
John
Depends on the deed.
My deed wont allow it if the trust is fully capitalised with issued units.
Once some units have been redeemed the discretionary element takes effect.
NickM
Hi John
Yes you can issue units to your wife at a later date with the deed i use.
Depending on circumstances at the time this may not be the best course of action
Cheers
NickM