Discretionary trust set up should focus on a few key areas, namely the assets within the trust, the trustee, and the beneficiaries.

FUND manager Orbis Investment has increased its stake in Centro Retail Trust (CER) as brokers focus on the future of the trust based on the positive reaction to the sale of US-based assets by its associate, Centro Properties.

I'm 62, working full-time and might retire in 2010. My wife and I have super worth $300,000. Do the assets contained in a family discretionary trust become part of the pensions asset test? Is the value of the super fund included in the test? After I turn 65, can I..read more

THE structure devised by James Hardie to ensure its asbestos compensation fund would not pay tax involved setting up a discretionary trust, in addition to the charitable trust announced last year.

A TRUST can be one of the more difficult arrangements to understand, as a trust is a relationship rather than a legal person.