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TRUST IS USED TO PROTECT ASSET AND CAN PASS TO KIDS IN FUTURE.
1. KIDS UNDER 18 CAN ONLY BE DISTRIBUTED 416 DOLLAR SINCE LABOR CUT THE MINOR LOW INCOME OFFSET.
2. IF YOU ARE REISDENT , YOU CAN BUY PROPERTY UNDER TRUST BUT BECAREFUL THE LAND TAX IS VERY HIGH.
3. DISADVANTAGE IS RENTAL LOSS IS ONLY OFFSET TRUST INCOME OR CARRY FORWARD . CAN NOT OFFSET PERSONAL INCOME. ADVANTAGE IS WHERE BIG CAPITAL GAIN IN THE FUTURE CAN BE DISTRIBUTE TO ALL FAMILY MEMBER UNDER TRUST DEED.
HOPE THIS HELP |
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