@iamjameswrigley: Family trust is a common vehicle for business owners to own their business or for investment purposes #tax #investing #money #family

James Wrigley
James Wrigley
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Region: AU
Sunday 20 February 2022 02:16:42 GMT
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djmixmup
DJMixmup :
what if the beneficiary can't pay the tax amount
2022-02-20 05:58:13
1
douggraham4
Doug Graham :
The beneficiaries can be the trustee… not recommended for asset protection purposes but the can still be the trustee right?
2022-02-20 06:02:42
4
harrydelltaxtok
Harry Dell Tax Lawyer :
but but.... trusts are triangles James 🥺
2022-02-20 11:46:19
3
familylawyer
David Gale :
This is probably the best of trusts 101 explanation I’ve seen – well done!
2022-02-21 08:01:56
2
the_itailan_ragazzone
chego :
are you UK based , you said dollars , these are very hard to set up in UK
2022-02-20 11:50:21
1
askjustinlee
askjustinlee :
How do we contact you to help set one up pls?
2022-02-20 23:29:35
1
user838577152
Naresh Parshotam :
Advise please : We have investment under individual and joint names and joint SMSF with large $$. Got Wills ,POA...Do I still need a trust ?
2022-02-20 06:00:00
1
kris_kal26
KrisKa :
Thanks James, could you also do bucket company, we have one if these too..
2022-02-20 04:14:03
1
kingischief
Kingtok :
How do trustees change or resign
2022-02-20 06:31:04
1
neil_bennett83
Neil Bennett5 :
Our accountant has stated that trusts are outdated and should just create a company with businesses underneath them.
2022-02-20 07:52:32
1
pbmg93
Pb McG :
if parents put assets into a trust how does tax work when they die? as in does it work out to sell assets after death w or w/o a trust? 😁
2022-02-20 08:33:05
1
annab_and3
Anna Bennett :
What is the difference between having a company as trustee of a trust or just having a company own assets and pay dividends?
2022-02-20 08:58:14
1
rubikscubest
Cube :
Would you ever put a Ppor into a trust ownership? Seems like no if the trust structure is for tax motivation only
2022-02-20 11:37:36
1
johndoherty1967
JD67 :
Is the benefit of having the trust that you can vary the distribution of income from investments to the beneficiaries in a way that reduces tax.
2022-02-20 03:33:12
1
ella_taylor5
Ella Taylor :
🙏 So you said hopefully there is a company at the top (trustee), and it's not the same as the people at the bottom of the drawing.
2022-02-20 02:59:21
1
mmmmmray
I ask questions&forage🐟🍄🌎 :
can you explain the tax benefits of having a trust run control of two LLCs?
2022-02-20 14:56:51
1
user743829109
Suze :
Why do we need a company as the trustee?
2022-02-20 05:17:09
1
nicely_happy
Nicely_Happy :
Excellent video. Can a family discresionary trust give say $18k to an 18 year old who hasn't paid any tax without then incurring a tax debt?
2022-02-23 05:52:13
1
kdkdkd123456
kdkdkd :
Is your information for the Australian Market?
2022-02-21 08:51:36
0
b00tssssss3
JayJay………,,, :
What is the minimum age of a trustee of a Trust ? Thanks
2022-02-21 09:05:25
0
azza_number1
Az :
who is the trustee?
2022-02-21 11:23:54
0
melainehudson
Melaine Hudson :
If the beneficiaries are under 18 what’s the tax rate?
2022-02-22 00:22:35
0
hangingwithchester
Hanging_with_Epstein :
Why on earth do people put the company trust on credit applications? It’s not even a legal entity
2022-02-22 00:58:05
0
aurora9roup
Danial Gergis :
Does the vesty trust in your opinion protect the person from company ?
2022-02-22 09:13:49
0
rollshq
Rolls :
Based on your diagram, if one were looking at owning shares, where would you buy? As the trustee company, as a beneficiary/individual or the company?
2022-02-22 13:37:00
0
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