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A matter of trusts: Asset protection and trusts

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.

Author profile:

Daniel Smedley CTA
Daniel is a Principal of Sladen Legal. He is a Law Institute of Victoria Accredited Specialist in Tax Law and holds a Master of Taxation. Daniel is the principal author of Trusts Structures Guide published by The Tax Institute and a regular presenter at industry conferences and workshops. Daniel primarily advises businesses and high net worth individuals in relation to business and investment structuring, trusts, succession planning and taxation law. Current at 04 March 2016 Click here to expand/collapse more articles by Daniel SMEDLEY.
 
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