Family Trust

lovefenger

Trust may be expensensive to run. Whether you can utilise losses or claim some types of deductions,

various rules will apply. Generally, you need to think, how closely it is related to your business.

here are some advantages of trust

They provide flexibility in distributing income and capital gains to
beneficiaries, taking into account the tax position of the recipients.

•

There is also more family and commercial flexibility than with other
types of structures.

•

Trusts offer beneficiaries greater asset protection from creditors than
companies can provide to shareholders.

•

Trusts provide access to the 50 percent CGT discount, while
companies do not. This 50 percent exemption provides substantial tax
savings upon the disposal of business assets.

•

Trusts can distribute income to a corporate beneficiary thereby
capping tax rates at 30 percent.

•

Trusts allow for streaming of income (i.e. identifying different classes
of income of the trust and then allocating these to different beneficiaries in
the most tax effective manner). For example, one beneficiary might receive
franked dividends only whilst another receives foreign income only.

•

Trusts allow for distinguishing between income and capital
beneficiaries – if a beneficiary is only entitled to capital gain distributions
from a trust and he/she has carry forward capital losses, the carry forward
capital losses may offset the capital gain distributed from the trust.

•

Confidentiality of trading results can be preserved in a trust (including
a hybrid discretionary trust) is not subject to the regulation that the
Corporations Law imposes on companies. The trust’s tax returns and other
financial or trading information are not publicly accessed. Companies, by
contrast, may need to disclose confidential information every year, which is
searchable in the public domain.

lovefenger

It is a bit confusing area for most of the people,

I will try to find some informations to complement it.

And it is not convenient under this type of trading if you want to get a loan from bank.

lovefenger

As family trust is not a legal entity itself, it cannot loan from bank or buy sth under its own name.

So a trustee needs to do all thoses things.

If individual is the trustee, then whether you loan or buy things,
individual will be liable for further liabilities.

If company is the trustee, and company is not trading, bank won't loan to such a company. Individual's circumstances like above will apply. But you can register the car under company's name.

stephenqiu

如果有中文解释，那就更完美了

lovefenger

我也只知道些皮毛。简单的说。

家庭信托享有根据家庭内部成员收入多少来分配利润的优势，尽量让你的家庭做到少交税。比如说给收入低的人分配比较高的家庭信托利润。

而成立它比较麻烦，也相对比较贵。

一般都需要有一个受托人和家庭信托建立联系。因为家庭信托本身不是法律实体。需要受托人做个媒介。

受托人可以是个人，也可以是公司。但是如果公司本身不运营什么业务，只是以受托人的身份出现的话。

在贷款这方面，和个人是基本一样的。因为银行不会贷款给没有实体运作的公司，所以还是需要个人出面贷款，

那么个人就要承担可能产生的债务等问题。

但是如果买车的话，是可以注册在公司名下的。

家庭信托在保护财产这方面应该是有优势的，但是具体怎么保护，我不太清楚。请高手指点了。

lovefenger

对了，公司的受托人比个人受托人好的是，因为是以公司给媒介，所以债务是有限责任制的。

先看股权，再看所拥有的财产。

Poweregg

原创？是的话支持一下

vcdenton

one thing is certain about  family trust, it is a BIG cash flow cow for the accountants

kiong

支持一下!

lovefenger

搜索加咨询。