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5 reasons why you need to read the trust deedArchived
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Apart from everyone else telling you that you should read the deed, here's 5 more reasons...
- To work out eligible beneficiares, like who the trust can distribute to
- To work out what's the income of the trust (you can't distribute anything if you don't know how much you've got to distribute)
- To work out if your trust can stream (capital gains and/or franked dividends can be distributed specifically to certain beneficiaries without them receiving any other income)...