Australia: Trusts

Partners Scott Hay-Bartlem and Linda Tapiolas break down the 2026 federal Budget's proposed changes to discretionary trusts, examining new tax rates, beneficiary credits, and exemptions. As legislation continues to evolve, they explore the complexities of restructuring trust and company arrangements and explain why businesses should adopt a cautious approach to these significant reforms.

What is a FD trust? What does bringing kids into conrol look like? So should I?

The Court's decision turned on the steps taken by the trustee to reduce the risk of adverse consequences for the Fund.