Hi Regina.
Yes, one of the benefits of the discretionary trust it the ability to distribute profits to any entity.

You can therefore make a distribution to your loss making company (no use against capital loss, though), your church, etc. You can distribute to me as well (TFN supplied on request!!!!![])

I do have an investment company which…[Read more]

I operate a discretionary family trust. It is my understanding that any trust profit must be distributed in full each year, otherwise some 47% tax will be levied. I’m not sure if the undistributed profits can subsequently be paid as franked distributions.

I don’t think it is correct that profits on sale of assets can be re-invested in new…[Read more]