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The family trust

Trusts are becoming an increasingly popular way of protecting property and managing assets. This guide deals with one particular type of trust – the family trust – but much of the information will also apply to other types of trusts.

This guide covers:

  • Why have a family trust?
  • Who is involved?
  • How long does a trust last?
  • Who can appoint and remove trustees?
  • How does a trust operate?
  • Getting assets into a trust
  • Repeal of gift duty
  • Getting money out of the trust
  • What about tax?
  • Trust structures
  • Caution

 

 

 

Last updated on the 9th June 2015