153 Family Trust Basics

In this episode, we talk about Discretionary Trusts and why people use them. They can offer great benefits for the "Beneficiaries", but do you know the difference between an "Appointer" and the "Trustee" and the role of the "Settlor?" We tackle the jargon of the different roles that need to be considered when setting up a trust. So if you have ever wondered if there could be a benefit such as protecting your assets, or reducing tax, tune in as we cover the key elements of discretionary trusts and how they can help you towards these ends.