154 - Bucket Company Strategies
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154 - Bucket Company Strategies
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About this listen
Family Trusts can be a great tool for minimising tax and protecting your assets. One of the downsides to a trust is that the income must be distributed each year, but what if you would prefer to delay receiving that income until a later, lower income earning year? Welcome to the bucket company strategy!
In this episode we give some examples of where a bucket company strategy including having a second family trust can leverage your tax planning resulting in you keeping more of your hard earned money.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.