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Utilising a Family Trust

Discussion in 'Accounting, Tax & Legal' started by clawzy, 7th Apr, 2013.

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  1. clawzy

    clawzy New Member

    Joined:
    18th Jul, 2009
    Posts:
    2
    Location:
    Melbourne
    Hi,

    I was hoping to get some assistance with and understanding of how I can use my Family Trust.

    I have some trailing commission that I was thinking of running through my Family Trust. The trust was originally in place to hold the shares of a company I owned and disbursement of income. It has pretty much been dormant for some time.

    Effectively I want a mechanism to receive the commissions then disburse the funds. Hoping someone may be able to explain the pros and cons of this approach over any other.

    Thanks.