Home – New Forums Money matters Trust, Company or Both? Reply To: Trust, Company or Both?

#1222213
Dashboard
Member
  • Total posts: 3
Up
0
::
Paul – FS Concierge, post: 268446, member: 78928 wrote:
Pro tip – you can’t establish a Trust just to minimise tax….

Cheers

Thanks Paul, Can you explain this comment a little further?

H&R Block’s site says of trusts, “They are generally created to hold a family’s assets and/or business so as to protect those assets and to facilitate tax planning for family members.”

are “facilitating tax planning” and “minimising tax” different things?