Introduction to Trusts – Trust Tax Fundamentals 2025

Learn about the legal nature of trusts, key parties and concepts, plus characteristics to differentiate between types of trusts.

In this unit, we cover:

• ​Introduction to the Case Study

• Defining ‘Trust’

• Trust Components & Concepts

  • Settlor

  • Settled sum

  • Trust property

  • Beneficiary / Object

  • Guardian & Appointor

  • Trustees

  • Vesting period

  • Trust deed

• Residency of Trusts

• Types of Trusts

  • Inter vivos trusts – Fixed, Discretionary, Hybrid

  • Trusts created by will or on intestacy (testamentary)

  • Trusts created by law or equity

Date recorded: 8 May 2025