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Understanding your trust deed paper

Published on 20 Oct 06 by QUEENSLAND DIVISION, THE TAX INSTITUTE

This paper covers:

  • difficulties with working out who the beneficiaries are
  • trust-to-trust distributions and the rule against perpetuities
  • problems with distribution powers and beneficiary entitlements
  • problems with appointors and guardians
  • trust deed variations: How? What can they cure? What are the side effects?
  • the dangers of resettlement
  • terminating trusts.

Author profile:

Greg CAHILL
Current at 03 November 2010 Click here to expand/collapse more articles by Greg CAHILL.
 

This was presented at Annual Trusts Intensive: A practical update .

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When good trusts go bad

Author(s):  Clifford HUGHES

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