Family Fund

The ATO is Cracking Down on Family Wealth and Succession Planning

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The ATO’s New Focus on High-Net-Worth Families—What It Means for You The Australian Taxation Office (ATO) is stepping up its focus on private wealth and succession planning, increasing audits and tightening compliance rules for family businesses, trusts, and asset transfers. For many Chinese business owners and investors, this shift could have serious financial implications, especially […]

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Is a Family Trust Right for You? Key Insights on When, Why, and How to Set One Up

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A family trust can be an excellent way for parents and small business owners to protect their children’s financial futures. However, they are not a guaranteed safeguard. So, should you set up a family trust? That’s the question we’re here to answer. There are several advantages and disadvantages of family trusts that you must carefully

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Family Fund: Ensuring Financial Security for Your Loved Ones

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In today’s fast-paced world, securing your family’s financial future is more crucial than ever. A family fund is an excellent way to ensure that your loved ones are financially protected and can maintain their standard of living, even in the face of unexpected events. This article will explore the benefits of a family fund, how

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