Family Trusts - Not Off The Hook Just Yet
The legal structure around family trusts in Australia has just survived a double stress test in the courts where the ATO tried to make changes in the personal use of some assets: The case has now been turned away for a second time on appeal and for now the coast is clear. Is a family trust worth exploring? Can we assume the legal structure widely used by business owners, farmers, and wealthy investors is now secure?
In today's episode, we cover:
Family Trusts - what you need to know
Capital Gains Tax and super
Risk-taking in your own name
Are private credit offerings as good as they seem?…
The skinny
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