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 profession...

Table of Contents:

• 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.