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News

Third Force News
tfn.scot > news > trusts-should-focus-on-legacy-income-more

Trusts should focus on legacy income more - TFN

4+ day, 3+ hour ago   (510+ words) Half of Scotland's legacy income goes to just 50 charities Development trusts across Scotland are being urged to tap into the growing potential of gifts left in wills. It comes as new research is highlighting a largely untapped source of income…...

Kiplinger
kiplinger.com > retirement > inheritance > you-were-made-a-trustee-now-what

You Were Named a Trustee. Here Are the First 4 Steps You Must Take.

5+ day, 8+ hour ago   (981+ words) Your guide to planning and enjoying a financially secure and richly rewarding retirement, sent three times a week. Protect the trust's assets and yourself. Here is a step-by-step guide to the legal, financial and personal responsibilities of administering an estate's…...

Australian Financial Review
afr.com > wealth > personal-finance > family-trusts-face-crucial-deadline-to-lock-in-heirs-20260904-p60uey

Family trusts face crucial deadline to lock in heirs

1+ week, 3+ day ago   (100+ words) Draft rules force trustees to choose between a 30 per cent minimum tax rate and locking in permanent beneficiary splits before June 2029. Wealthy families and business owners face a surprise deadline for making high-stakes decisions about inheritances after Labor announced a…...

Google News
afr.com > companies > financial-services > grinding-halt-family-trust-formation-smashed-by-new-tax-20260901-p60ta2

How the proposed 30pc tax floor rules are paralysing family trust formation

1+ week, 4+ day ago   (102+ words) ‘Grinding halt’: Family trust formation smashed by new tax AFR The formation of new discretionary trusts has plunged since budget night, with a leading trust documentation provider revealing a 70 per cent fall in July and August. The plunge on Hub24’s…...

mint
livemint.com > money > personal-finance > does-a-non-resident-trustee-make-a-trust-nonresident-11788246295564.html

Does a non-resident trustee make a trust non-resident?

1+ week, 5+ day ago   (294+ words) Under Indian income-tax law, the residential status of a trust determines the scope of income that may be subject to tax in India—broadly, worldwide income for a resident trust and India-sourced income for a non-resident trust. Indian tax law…...

24/7 Wall St.
247wallst.com > personal-finance > 09/01/2026 > the-trust-that-never-has-to-end-one-small-state-abolished-the-death-date-every-trust-used-to-carry-and-900-billion-of-family-money-has-moved-there-you-dont-have-to-live-there-to-use-it

The Trust That Never Has to End: One Small State Abolished the Death Date Every Trust Used to Carry and $900 Billion of Family Money Has Moved There. You Don't Have to Live There to Use It

1+ week, 5+ day ago   (480+ words) In 1983, one small state quietly rewrote the rules that had forced every family trust to eventually dissolve, and the legal structure it created lets you protect generational wealth from estate taxes without ever setting foot there. Life After Work desk....

24/7 Wall St.
247wallst.com > personal-finance > 09/01/2026 > william-randolph-hearst-died-in-1951-the-trust-holding-his-fortune-is-still-running-still-private-and-legally-cant-dissolve-until-the-last-family-member-alive-that-day-is-gone

William Randolph Hearst Died in 1951. The Trust Holding His Fortune Is Still Running, Still Private, and Legally Can't Dissolve Until the Last Family Member Alive That Day Is Gone

1+ week, 6+ day ago   (507+ words) William Randolph Hearst built a media empire, died in 1951, and somehow his trust is still running in 2026 without a single public filing. The legal trick his lawyers used is older than America, and it is sitting in the… Life After…...

The Globe and Mail
theglobeandmail.com > investing > personal-finance > article-son-inherited-small-fortune-tucked-away-between-pages-of-dads-books

Son inherited small fortune tucked away between the pages of dad’s books

1+ week, 6+ day ago   (225+ words) They inherited $900,000 from their dad. Here’s how two siblings split it with a brother who’s bad with money That night, Ryan got out a calculator and crunched the numbers for the grand total of his father’s old certificates combined: almost…...

Moneycontrol
moneycontrol.com > news > business > personal-finance > family-private-trusts-are-gaining-ground-but-what-does-it-cost-to-set-up-and-maintain-one-14019064.html

Family private trusts are gaining ground, but what does it cost to set up and maintain one?

1+ week, 6+ day ago   (1024+ words) India is seeing growing interest in private family trusts, particularly among High Networth Individuals (HNIs) and Ultra High Networth Individuals (UHNIs), promoters and business families. The reasons go beyond wealth protection: succession planning, continuity of family businesses and managing assets…...

SMS Magazine
smsmagazine.com.au > news > 08/31/2026 > testamentary-trust-protections-need-safe-harbour

Testamentary trust protections need safe harbour

2+ week, 11+ hour ago   (333+ words) Integrity measures to prevent the misuse of testamentary trusts need a safe harbour to prevent estate plans and death benefits being excluded. The SMSF Association has noted proposed changes to exempt testamentary trusts from a new 30 per cent tax, while…...