Family trusts : a plain english guide for Australian families of average means /

• Main Author: Renton, N. E.
• Other Authors: Renton, Nick
• Format: eBook
• Language: English
• Published: Milton, QLD : John Wiley & Sons, 2011.
• Edition: 4th ed.
• Subjects: Finance, Personal.; Finance, Personal > United States.; Business.; Family trusts > Law and legislation > Australia.; Family trusts > Taxation > Australia.; Finance, Personal > Australia.; Investments > Law and legislation > Australia.; Investments > Taxation > Australia.; BUSINESS & ECONOMICS > Personal Finance > Budgeting.; BUSINESS & ECONOMICS > Personal Finance > Money Management.; United States.; Electronic books.

 This is a plain English manual for ordinary Australian families and small business proprietors. It will help them to decide whether to set up a family trust, to understand the advantages and disadvantages of this useful legal concept and to discuss the issues more intelligently with their professional advisers. All aspects of setting up and running a family trust are dealt with in this book, including investment aspects and the taxation and social security rules affecting trusts and their beneficiaries. It discusses discretionary and unitised trusts, as well as trust deeds and the roles of the. 

 Family Trusts: A Plain English Guide for Australian Families of Average Means; Contents; Dedication; About the author; Foreword; Preface; The fourth edition; Some current issues; Chapter 1: The concept of a trust; The broad picture; Types of trust; Documentation for a trust; Beneficiaries; Trust deed; Legal entity aspects; The parties to a trust; Wills and trusts compared; Other preliminary points; Terminology; Chapter 2: Modern family trusts; Historical background; Death and gift duties; A typical family trust; The rule against perpetuities; Non-discretionary trusts; Source of funds.