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- W158187720 abstract "Trusts were not designed for beneficiaries to evade the payment of tax but were created to care for the well-being of beneficiaries and minors who may have been incapable of managing this aspect themselves. However, trusts have evolved, through the intervention of estate and financial planners, as conduits for passing income down to beneficiaries. In these beneficiaries' hands, the receipts would be taxed at lower tax rates while, at the same time, pegging the settlor's exposure to estate duty as his estate continues to grow over the years, or as a haven to safeguard vulnerable assets from one's creditors in insolvency." @default.
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- W158187720 date "2008-08-01" @default.
- W158187720 modified "2023-09-24" @default.
- W158187720 title "Having your church as a beneficiary of your trust : an ingenious scheme or a tax dodge?" @default.
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