I have recently established a Discretionary Trust with a Corporate Trustee. A couple of basic questions: 1) I am paying all adhoc expenses via my personal credit card on behalf of the Trust with such reimbursing me on a monthly basis (I am using formal paper work for this). Is this OK? 2) I assume it is OK for the Trustee to invest the money held in the Trust throughout the year with the earnings from such making up part of the Trust profit? There will be about $50,000 or so throughout the year waiting to be distributed to my wife in June, so the investment income will not be large but I am keen to get better than bank interest. 3) Should the start-up capital (only $3500 as I am a service based entity) be a loan or gift? I see the benefits of a loan but seems allot of paper work for such a small amount Yes, my accountant should have answered these when setting things up…. So lets just say I will be finding a new Accountant! Cheers, BigStrawbs.