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    Should I put in a Trust or not

    Brilliant. Thank you very much, Dale. For accounting purposes, would the trust reimburse the child's medical and education costs? e.g. the parent pays $500 for a child's medical costs, and then the trust distributes $500 to the child for tax purposes but in real world cash terms pays the parent...
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    Should I put in a Trust or not

    e.g. say I have an 18 year old beneficiary who does not have any income. I distribute $6k to him for 3 years while he's in uni, and enter it as a payable on the trust accounts. I pay no tax on it, but what is to stop the beneficiary to just demand I pay him that $18k? If you have unpaid...
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    Should I put in a Trust or not

    If, I distribute $5,000 to, say, a cousin who has no other income, will the cousin be able to claim that $5k from me? i.e. how do I keep control of the distribution? Alex
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