Who can be a trustee of a Ddiscretionary trust?

[ggumpshots]

Can a non resident person be a trustee of an Australian Family Discretionary Trust?

Thus, what are the implications of that trustee distributing funds to another approved
1 non resident ,..............
2 resident.................

3 Would the answer be any different if the trust were a hybrid trust?.........

 

[DaleGG]

Hi

The trustee of a HDT or a family can be a person or a company. Either should be a resident of Australia or complications can arise.

Dale

Can a non resident person be a trustee of an Australian Family Discretionary Trust?

Thus, what are the implications of that trustee distributing funds to another approved
1 non resident ,..............
2 resident.................

3 Would the answer be any different if the trust were a hybrid trust?.........

 

[ggumpshots]

if the distribution were made by a non resident what complications?
Is the distribution void?then what happens