Mr Burgess explains why, despite their perception as vehicle for the wealthy to minimise tax, trusts are a cornerstone of financial planning, providing flexibility, asset protection, and succession planning benefits that outweigh tax considerations.
Listen as they discuss:
- The government’s stance on trusts and concerns that changes are on the way.
- How the $3 million super tax changes will impact the attractiveness of these structures.
- The importance of compliance when dealing with trusts.
