Author Archive for: Maroo
Entries by Maroo Advisory
How do trusts work?
Trust – noun signifying belief, confidence, faith, and (in Australia) a tool for wealth creation It is said that “There are two certainties in life – death and taxes”. There is one death but there are scores of taxes. No wonder tax is big business. It is all pervasive in modern life. There is no […]
Trusts – Discretionary
What is a Trust? A trust is a relationship of “trust” in which a person (“trustee”) is the holder of an interest in property but is subject to an equitable obligation to use or keep the property for the benefit of another person (“beneficiary”) or for some commitment object or purpose. In a discretionary trust, […]