Family Trusts
eBook - ePub

Family Trusts

A Plain English Guide for Australian Families of Average Means

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Family Trusts

A Plain English Guide for Australian Families of Average Means

Book details
Table of contents
Citations

About This Book

This is a plain English manual for ordinary Australian families and small business proprietors. It will help them to decide whether to set up a family trust, to understand the advantages and disadvantages of this useful legal concept and to discuss the issues more intelligently with their professional advisers.

All aspects of setting up and running a family trust are dealt with in this book, including investment aspects and the taxation and social security rules affecting trusts and their beneficiaries. It discusses discretionary and unitised trusts, as well as trust deeds and the roles of the settlor and the trustees. The use of trusts for children with an intellectual disability, philanthropic foundations and the winding up of trusts are also covered.

The fourth edition of Family Trusts has been greatly expanded. In addition to the updated real-life case studies that help to flesh out this important subject, there is new material on the qualifications needed by trustees, hybrid trusts, the risks of borrowing by trustees, non-resident beneficiaries, resettlements, minutes of trustee meetings, protecting assets against creditors, bankruptcy and divorce.

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Yes, you can access Family Trusts by N. E. Renton in PDF and/or ePUB format, as well as other popular books in Personal Development & Personal Finance. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Wiley
Year
2012
ISBN
9781742168999

Table of contents

  1. Cover
  2. Contents
  3. Title
  4. Copyright
  5. Dedication
  6. About the author
  7. Foreword
  8. Preface
  9. Chapter 1: The concept of a trust
  10. Chapter 2: Modern family trusts
  11. Chapter 3: Advantages
  12. Chapter 4: Disadvantages
  13. Chapter 5: Types of trustee
  14. Chapter 6: The trustee
  15. Chapter 7: The trust deed
  16. Chapter 8: Discretionary trusts
  17. Chapter 9: Unitised family trusts
  18. Chapter 10: Administrative aspects
  19. Chapter 11: Investment principles
  20. Chapter 12: Investment categories
  21. Chapter 13: Income tax
  22. Chapter 14: Capital gains tax
  23. Chapter 15: The taxation of discretionary trusts
  24. Chapter 16: The taxation of unitised trusts
  25. Chapter 17: Other tax issues
  26. Chapter 18: Social security
  27. Chapter 19: Alternatives to family trusts
  28. Chapter 20: Trusts for children with a disability
  29. Chapter 21: Estate planning
  30. Chapter 22: Family issues
  31. Chapter 23: Some further thoughts
  32. Chapter 24: The goods and services tax
  33. Chapter 25: Charities and philanthropic trusts
  34. Chapter 26: Winding up a trust
  35. Chapter 27: The abandoned tax changes
  36. Chapter 28: Selected questions and answers
  37. Chapter 29: Miscellaneous
  38. Appendix A: Outline of a simple inter vivos trust
  39. Appendix B: Wills and trusts compared and contrasted
  40. Appendix C: Model resolution for trust distributions
  41. Appendix D: Marginal income tax rates for 2007–08
  42. Appendix E: Average rates of tax 2007–08
  43. Appendix F: Ralph got it wrong
  44. Appendix G: Differences between trust deeds and powers of attorney
  45. Appendix H: Numbers of trusts
  46. Appendix I: Numerical examples
  47. Appendix J: Useful internet links
  48. Appendix K: The Financial Services Reform. Act 2001
  49. Appendix L: Further information
  50. Glossary
  51. Index