Enigma_Syd replied to the topic Which trust would you recommend? Unit or discretionary? in the forum Legal & Accounting 16 years, 7 months ago
Thanks TerrywI guess my only reason for including a company in the structure would be for the tax benefit. I'm getting pretty close to the 40% bracket and will likely hit it next year… In such a case, would it be beneficial to use a trust with myself and a company as a beneficiaries? I assume the company will only be taxed at 30%. Also, do…[Read more]
Enigma_Syd replied to the topic Which trust would you recommend? Unit or discretionary? in the forum Legal & Accounting 16 years, 7 months ago
Hi GuysTo continue this discussion, I have a few questions. I am thinking of setting up a trust to funnel my investment income. I'm looking for advice regarding:1. The pros and cons of using the trust system vs. a company vs. investing as an individual. As background, I am single and do not hold any property, an Australian Permanent Resident and…[Read more]