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Join Date: Sep 2009
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| | Re: How to use a Family Trust to run a business?
Generally best approach is to house business assets in a trust and run the operating business in a separate company structure.
You can link the two entities such as having the trust own 100% shares in operating company. But that will depend on your particular cicumstances as to whether that is appropriate.
Best to get an accountant setup structures, but you can use someone like Reckon Espreon for "off the shelf" service, such as trust deeds, company shells.. I find them excellent.
Btw I am a chartered accountant and tax advisor.