Trust:
If a trust is included for tax purposes, it will be an added as an option for the final optimisation step to consider.
If a client is a couple and both individuals earn in excess of the company tax rate, a company beneficiary will also be considered.
Otherwise, the beneficiaries will be assumed to be the principal clients.
If a trust is included for asset protection purposes it will be a required recommendation within the optimisation process.
Post your comment on this topic.