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Family Trust

Learn what a Family Trust is, the tax benefits of setting up a Family Trust in Australia and more.

Can a Beneficiary be added to a Family Trust?

Generally speaking, yes. But the definition of Beneficiary in most Family Trust deeds is very broad so it may not ever be necessary to add a Beneficiary. It is also worth noting that if a Beneficiary that could not be contemplated under the wide definition is added then the addition can create a resettlement with potential disastrous Capital Gains Tax and Stamp Duty requirements.

Family Trust

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