Hi all, I wonder if in a family trust it is ok the appointor is also the trustee who is also a beneficiary? how does ATO look at this arrangement? Thank you
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Best trustee for a family trust is a company - I have a client who owes ATO over $ 1 M of insolvent trust's tax because he made himself trustee.
Who should be appointer is a legal question.
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Best trustee for a family trust is a company - I have a client who owes ATO over $ 1 M of insolvent trust's tax because he made himself trustee.
Who should be appointer is a legal question.
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