The Strategy Stacker - Luke Talks Money

Luke on 2CC – Family trust


Listen Later

What is a family trust? Why would you use one?

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 22 April 2022.  This week Luke joins the show from Adelaide, where he’s been attending a specialist SMSF conference. Leon’s still on Easter break but will be back next week. This week’s topic: The Family Trust. It’s a special kind of structure and worth a closer look if you don’t know about it.

Key topics covered include:

  • What is a family trust?
  • Why would you use one?
  • Do earnings need to be distributed each year from a trust?
  • Who can get the income from a trust?
  • Are family trusts only for the very rich?
  • When should you consider a family trust – before you make an investment?
  • What should you consider before setting up a family trust?
  • Why planning is important?
  • Things a trust cannot do!
  • Luke share’s his key take-outs for considering trusts and as always seek advice.
  • Listen to the Podcast right now

    https://www.envisionfinancial.com.au/wp-content/uploads/2022/04/The-Strategy-Stacker-Luke-Talks-Money-22042022.mp3

    Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’


    Do you need financial planning advice around a family trust?
    Family Trusts – Can help protect assets and offer other benefits. But they are not for everyone. Seek personal advice to see if a family trust is right for you.

    Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcast. We look forward to your company again.

    Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals.  Make an appointment to confidentially discuss investment, super, and retirement planning. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

    ...more
    View all episodesView all episodes
    Download on the App Store

    The Strategy Stacker - Luke Talks MoneyBy Luke Smith


    More shows like The Strategy Stacker - Luke Talks Money

    View all
    The Money Puzzle, with James Kirby by The Australian

    The Money Puzzle, with James Kirby

    45 Listeners

    Your Wealth by NAB

    Your Wealth

    6 Listeners

    Investopoly by Stuart Wemyss

    Investopoly

    14 Listeners

    money money money by Glen James

    money money money

    52 Listeners

    The Elephant In The Room Property Podcast | Inside Australian Real Estate by Veronica Morgan & Chris Bates

    The Elephant In The Room Property Podcast | Inside Australian Real Estate

    14 Listeners

    Australian Investors Podcast by Rask

    Australian Investors Podcast

    20 Listeners

    Super Insider by Australian Retirement Trust

    Super Insider

    2 Listeners

    Australian Finance Podcast by Rask

    Australian Finance Podcast

    29 Listeners

    Investing Compass by Morningstar Australia

    Investing Compass

    26 Listeners

    The Money Café with Alan Kohler by Intelligent Investor

    The Money Café with Alan Kohler

    34 Listeners

    Friends With Money by Money Magazine

    Friends With Money

    12 Listeners

    Retire Right by Glen James

    Retire Right

    19 Listeners

    Aussie FIRE | Financial Independence Retire Early by Hayden Smith & Dave Gow

    Aussie FIRE | Financial Independence Retire Early

    2 Listeners

    Prime Time with Bec Wilson by 9Podcasts

    Prime Time with Bec Wilson

    19 Listeners

    Australian Retirement Podcast by Rask

    Australian Retirement Podcast

    5 Listeners