Question

5 Discuss the advantages and disadvantages
of working with people in your family
trusting your family members.​

Answer 1

Answer:

Family trust disadvantages

Any income earned by the trust that is not distributed is taxed at the top marginal tax rate.

Distributions to minor children are taxed at up to 66%

The trust cannot allocate tax losses to beneficiaries.

There are costs involved for establishing and maintaining the trust.

Answer 2

Answer:

u have trust ,support etc