Published on 01 Apr 05
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
Over the past year this column has highlighted taxation issues concerning trusts and in particular discretionary trusts. Yet taxation advantages are not the only reason why trusts continue to be used in conducting businesses and holding investment assets. Trusts also have advantages over alternative structures in relation to succession planning and the protection of a family's assets. It is the asset protection advantage that is the focus of this article.
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