Dr Brett Davies Partner, Legal Consolidated Barristers & Solicitors
BRETT DAVIES | FRIDAY, 14 JAN 2022 The question is, "I want to create a discretionary trust for myself, fiancé and our future children, but do we pay tax when the income is earned in the family trust? Or do we only pay income tax when we take the income out of the family ... Read more BRETT DAVIES | FRIDAY, 15 OCT 2021 Let's consider the omnipotent, omniscient and omnipresent Family Court. For indeed no Court in Australia has more power. It is free to do what it wishes with few rules of engagement. Read more BRETT DAVIES | FRIDAY, 17 SEP 2021 Sometimes people make the mistake of putting specific gifts in their Will. For example, 'I leave my wedding ring to my daughter'. The result of such a gift is that capital gains tax (CGT) death duty will be payable on that wedding ring. At death, your ... Read more PAGE: 1 |
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Cover Story
Wealth with purpose
PHIL HARKNESS
CHIEF EXECUTIVE OFFICER
MUTUAL TRUST PTY LTD
CHIEF EXECUTIVE OFFICER
MUTUAL TRUST PTY LTD
In the realm of Australian family offices, a stark reality emerges: 70% risk dropping the ball on wealth transfer. To curb this trend, Mutual Trust chief executive Phil Harkness and head of strategy Tracy Conlan are dedicated to helping clients create and preserve purposeful multi-generational wealth. Chloe Walker writes.