Monthly archives: April, 2020

Questions about how a Trust Operates

Question Facts * I setup a Trust and Corporate Trustee for our family back in 2009 shortly after our first son was born. * My wife and I are the (only) two directors of the Corporate Trustee. * I’ve not had any updates made to the Trust Deed since. * We made two—highly speculative, illiquid—private …

Tax Settlement of Investment Property

Question Dec 13 – My client & his brother in law purchased an investment property in Victoria. Did few repairs to put it on to rent. Jun 14 – Tenanted for 1 year up to Jun15 Oct 14 – Transferred 50% of their respective share to their wives owning 25% each after the transfer out …

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