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Protect your wealth and safeguard your family's financial future with a trust
Family trusts are a valuable but often underutilised tool for managing wealth and protecting assets. Family Trusts: A Plain-English Guide for Australian Families breaks down the legal and financial aspects of family trusts into simple terms and provides a straightforward but comprehensive guide to help you make informed decisions and engage confidently with your advisors.
Including the most recent updates to Australian law and legislation, this sixth edition of Family Trusts walks you through all the information you need to decide whether a trust is right for you and your family.
You'll learn how to: - weigh the advantages and disadvantages of a family trust- understand discretionary, unitised and philanthropic trusts- help safeguard your assets against creditors and bankruptcy- navigate and minimise your tax obligations- protect and grow your wealth.
Family Trusts is a vital resource that provides accessible, accurate and up-to-date advice on this critical instrument for wealth protection in Australia.
N. E. Renton (d. 2010) was a consulting actuary and author, well known for his many books and articles on investment, business, taxation and retirement issues.
R. A. Caldwell is a tax accountant with over 20 years of experience as an Australian Taxation Office (ATO) advisor and a tertiary level lecturer in taxation and management accounting. Rod is the author of Taxation for Australian Businesses, Learn Small Business Accounting in 7 Days and Learn Bookkeeping in 7 Days.