Trusts are a valuable tool that can protect assets and make things more tax efficient. This is especially so of unit trusts here in Australia; however, they can be complex to set up correctly. In this article we take a look at what is a unit trust, as well as...
Month: November 2021
What is a Discretionary Trust?
Trusts, and in particular Trust Funds, tend to conjure up images of young people driving around in Porsches and having never-ending champagne lunches. And while that may sound like heaven (Ooo, it really does), the reality for most people is that discretionary trusts (and other types of trusts) are valuable...
Director Identification Number: Everything You Need to Know
If you’re the director of a company, you’ve got a lot of responsibilities on your plate. It can be a full-on buffet of managing business performance, financials, and more. As you may have heard, the federal government is rolling out a new Director Identification Number (DIN) program to streamline processes...