Thinking about setting up a family trust?

Here’s why many Australians choose a discretionary trust to grow and protect their family wealth:

• Distribute income tax-effectively – Allocate income each year to family members in lower tax brackets, including adult children who are studying. You could distribute up to $18,200 tax-free to a full-time student.
• Stream capital gains and franked dividends – Direct capital gains to beneficiaries with capital losses, and franked dividends to those who benefit most.
•  Protect assets – Safeguard investments from creditors, ex-partners, and lawsuits.
• Build inter-generational wealth – Transfer wealth without triggering immediate tax consequences. Perfect for succession planning.
• Ideal for growing assets – Trust beneficiaries can access the 50% CGT discount on capital gains after 12 months.
• Hold personal use assets – Trusts can own items like a holiday home or boat.
• Reduce land tax – Hold each investment property in a separate trust to access multiple land tax-free thresholds.
• No superannuation restrictions – No contribution caps or access restrictions like super. Full flexibility and control.

A family trust can be one of the most effective tools to legally minimise tax, protect your assets, and grow your wealth.