Trusts Are Not Dead — You’re Just Looking At Them The Wrong Way

Family Trusts Just Got MORE Important

Hi everyone, it’s Grant Abbott.

Following the budget announcements, many people have reacted emotionally to proposed trust taxation changes.

But there’s a major distinction people are missing.

For years, many discretionary trusts were established primarily for tax minimisation purposes.

Governments were always going to target those arrangements eventually.

However, the best trust structures were never simply about tax.

They were about protection.

A properly structured Family Protection Trust can help protect family wealth across generations from:

• Litigation

• Divorce

• Bankruptcy

• Business failure

• Economic instability

Importantly, if minimum tax rates become more aligned across structures, the value of asset protection becomes even more significant.

Because paying tax personally while exposing assets to risk may become far less attractive over time.

Video: https://youtube.com/shorts/AUh5xGdY31o?feature=share

The focus now should be on strategic restructuring — not fear.