MasterNuggets with Meng: Trust Losses & Family Trust Elections

Unpack trust loss tests for fixed and discretionary trusts with insights into test individuals in this practical case study.

In this session, we cover:

• Case study on Fraser’s family trust dilemma

• Test individuals and family groups

• Tests to consider when utilising losses

  • Stake test

  • Control test

  • Income injection test

  • Pattern of Distributions test

• Family Trust Election

• Interposed entity election

• Family Trust Distribution Tax

Date recorded: 4 August 2025