Unit trust advantages

[D.T.]

It is a pity the NSW Government has delayed the abolition of stamp duty on the transfer of units/shares 2 years in a row.

And avoid easy revenue?

 

[Terry_w]

17. Ability to leave units personally owned to the trustee of a discretionary testamentary trust in your will so your beneficiaries can get tax advantages, asset protection and income from the trust taxed at adult rates in the hands of children.

(I have thought of another advantage (over a discretionary trust) couldn't edit the original post).

 

[Terry_w]

Love your work Terry.

Thank you D. T.