The Trust Distribution playbook – A practical case study

Principal Mark West and Senior Associate Hugo Southcott's paper on a practical walk-through of the decisions and tax mechanics that sit behind “just do the trust distribution”, using a prior-year fact pattern that can get complicated by current-year activities (sale of assets, dividends received, and changed beneficiary tax profiles). This case study will demonstrate: How to think about distributions and what is it we’re actually trying to distribute (and why the deed definition matters) What are the distributions to be made? Are we talking about income or capital? The practical sequencing to consider when you’ve got ordinary income, capital gains, and franked distributions Making...