By: Steve Burnham
Trusts can be a very handy tool for managing one’s financial affairs, as well as estate planning. A trust is established whenever there is a separation of…
Claiming Business Tax Losses From a Family Trust
By Max Newnham
When a business is commenced, one of the most important decisions that must be made is what type of legal structure to use? Each of the choices…
Can My Parents Pay Me and Reduce Their Taxable Income?
By: Max Newnham
Many small businesses are family affairs. They often start off as a simple partnership between a husband and wife and can grow into being operated through a discretionary…
The Process (and Pros and Cons) of ‘electing’ to Be a Family Trust
Trusts are an important and very useful concept for managing one’s financial affairs, as well as estate planning. The pros and cons of ‘electing’ to be a family trust
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Operating a Business Through a New Family Trust
By: Max Newnham
It’s tax effective and flexible business structures. It’s called a discretionary family trust.
When it comes to owning and operating a business one of the most tax effective…
