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Family Trust Questions
Some examples : - Dealing with how funds get to the trust - Timing issues - Family Tax Election issues - Tax Deferred CGT issues with stapled securities - CGT reconstruction etc - Stamp Duty issues - Land Tax issues (if trust owns property) - Failure to maintain trust accounts which =...- Paul@PFI
- Post #12
- Forum: Accounting and Tax
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Family Trust Questions
A Disaster - Like not seeking tax advice? Trying to setup a trust without advice, on the cheap ? I agree.- Paul@PFI
- Post #8
- Forum: Accounting and Tax
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Family Trust Questions
Lets assume that you have $100K of cash and inject this into the trust. Chances are it will be recorded as a loan to the trust. That's still a personal asset. OK so you gift it into the trust. It still may be a personal asset a creditor in bankruptcy may chase. Worth talking to a lawyer and...- Paul@PFI
- Post #5
- Forum: Accounting and Tax
