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Agreed Aaron. Trusts are like a McLaren. Powerful but if you dont treat them with respect and understand how to drive one you can end up in a right royal mess. If your adviser doesn't understand them either even worse as it is the blind leading the blind.

correct vaughan. the trust will be an associated of a shareholder. i.e. the trust is an associate of hubby so Division 7a needs to be considered. The low interest loan or no interest loan may be a Division 7a issue – it depends upon whether there is a distributable surplus in the private...

Noone has discussed Division 7a. If a company makes a loan to a shareholder or an associate of a shareholder (trust will be an associate of hubby shareholder) then Division 7a applies to the loan. ohh what a nasty mess this is turning out to be. This is possibly the worst structure I have ever...