Published on 01 Oct 04
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
Discretionary trusts - problems with beneficiaries.
A well drawn modern discretionary trust will usually have two classes of beneficiaries: primary and general. It should be relatively easy to determine whether a particular person or entity is or is not a beneficiary of a discretionary trust but experience in examining trust deed indicate that difficulties and errors are common.
Neil is a Principal of Harwood Andrews Lawyers.
- Current at
06 June 2013