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Why trusts are not just for the wealthy
In this episode of the SMSF Adviser Show, hosts Keith Ford and Aaron Dunn are joined by Matthew Burgess, director of View Legal, to discuss the broader importance of trusts.
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.
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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.
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