In the 60s and 70s many trusts were primarily established to avoid probate duty, and later in the 70s and 80s the impetus for their creation was to minimise income tax. Today there are still tax advantages to be gained from the use of the modern family discretionary trust. In addition, the discretionary trust was always historically and still remains a highly desirable means of holding family property.
Miscellaneous
1989
Discretionary Trusts - Practical Legal and Tax Issues
Source: Western Australia
Published Date: 4 Aug 1989
Details
- Published By: Ada Moshinsky
- Published On:4 Aug 1989
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Miscellaneous
1989
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