Sep 01 2024 23 mins 4
Family Trusts can be a great tool for minimising tax and protecting your assets. One of the downsides to a trust is that the income must be distributed each year, but what if you would prefer to delay receiving that income until a later, lower income earning year? Welcome to the bucket company strategy!
In this episode we give some examples of where a bucket company strategy including having a second family trust can leverage your tax planning resulting in you keeping more of your hard earned money.
