Hi Just read most of the threads in here and they are all very informative.
I need ask a few questions regarding trust funds for tax minimisation purposes that i hope people can help.
I know that the family discretionary trust fund structure is ideal for distributing income made within the trust to beneficiaries such as children(as they are not earning anything) to reduce on tax.
1) What i want to find out is how many beneficiaries can be put on a family discretionary trust?
2) Can the beneficiaries be overseas investors? therefore when income is distributed it is taxed at the non-resident 15% tax rate? ( i think thats the correct rate)