谁知道关于family trust？

cyvs

lu-qing1985 发表于 2012-12-17 10:49
那其实family trust的左右基本就是以后把房子留给孩子的时候不需要叫遗产税或者stamp duty，没有太明白除 ...

More than that depends on your circumstances.   Simple example in term of investment income.  Said if you invest in shares and collect dividends.  If you invest in your own name, and you are working fulltime, the dividend income will be assess on your marginal tax (said could be 30-40%).  If the shares is in the family trust name, then you can have the income distribute to whoever in  your family that has a lower tax rate.  Said your son is a uni student and doesn't work.  He doesn't pay tax on those dividend income if you distribute the dividend income to him.

As for asset protection.  If for some reason you owe people a lot of money and being forced to declare bankrupt.  The assets in the trust are protected from your creditors.  Any assets that sit in the trust belong to the trust, not you.  So even you are bankrupt, they can't take assets from your trust.

These are just simple examples.  It is best to talk to your accountant about this if you are interested as the rules in family trust is quite strict.  You don't want to get it wrong.

明天

trust还有个好处，就是如果你个人破产，trust里的东西是不会被拿走的。

lu-qing1985

明天 发表于 2012-12-17 16:50
trust还有个好处，就是如果你个人破产，trust里的东西是不会被拿走的。

你指的破产是个人破产还是公司破产?

lu-qing1985

cyvs 发表于 2012-12-17 14:22
More than that depends on your circumstances.   Simple example in term of investment income.  Said ...

在trust名下的所有成员都可以重新分配收入吗?比如我把部分收入分给我儿子,但是我儿子才4个月大,这样也可以吗?

lu-qing1985

taxbreak 发表于 2012-12-17 13:09
正现金流的话收入是否可以分配到其他家庭成员身上呢？yes, you have discretion to distribute the inves ...

谢谢,请问PSI是怎么回事呢?

另外在某个家庭成员名下银行存款的利息怎么算呢?还是银行存款可以放到turst名下?

lu-qing1985

STS-TAX 发表于 2012-12-17 11:06
THAT IS WHY

I SAID

如果是房租和贷款利息持平的话,每年可能有三四千块的expense on investment property,并且在短期内不会去考虑把贷款提前付清,这样的话还是放到trust里比较好吧?三四千块也抵不了多少税,不如作为长期的投资,并且可以保护财产,放到trust里比较好对吧?

cyvs

lu-qing1985 发表于 2012-12-17 21:47
在trust名下的所有成员都可以重新分配收入吗?比如我把部分收入分给我儿子,但是我儿子才4个月大,这样也可 ...

Yes, you can distribute to him.  But do note that minor can only have $416 un-earned income now.  Anything more than that will attract the highest tax rate.  That's why I said the tax benefits on this is minimal now.  Wait until he is 18 years old and he will have the same tax threshold as an adult.  But if your partner is not working, or has very low income then it would be beneficial.  
If I am not mistaken, the trust income can go to your/your partner's parent too.  You need to check with accountant, and make sure that the distrubution won't affect their social benefits (if they are getting any pension etc.).

cyvs

lu-qing1985 发表于 2012-12-17 21:45
你指的破产是个人破产还是公司破产?

Could be either.  If it is you are a director of the company that went bankrupt, you might personally liable for the company's debt if the administrator can proof that you have done something wrong.  Also with bank loan, most banks will ask you to personally guarantee the loan to a company anyway.

lu-qing1985

那partner's parents需要加入trust吗?

另外在trust里的话是不是个人工资的退税和这个没有关系?比如dependent children是否还可以个做一些off-set?

cyvs

The family trust will have you and your partner name.  That should cover them.  
That is correct.  Your personal income and tax is separated from the family trust.  The trust is a separate entity and it has its own accounts.  dependent children offset goes under your own income tax.

Again, I am not qualified and only say what I think is correct, and I might not be correct.  You better check with an accoutant.

lu-qing1985

cyvs 发表于 2012-12-17 23:05
The family trust will have you and your partner name.  That should cover them.  
That is correct.  Y ...

谢谢分享.