Family Trusts: What They Really Do—And Should You Have One?

When you hear family trust, do you picture Hollywood movies about billionaires dodging taxes, messy inheritance battles, and luxury yachts? Same. But here’s the truth—family trusts aren’t just for the ultra-rich. They can actually be a powerful financial tool for everyday people… if you know how to use them. This week, we’re breaking down:💰What a family trust actually is (in plain English, promise!)💰The tax perks & asset protection benefits💰Who should set one up… and who should not bother💰How to set one up when you decide one is for youSo if you’ve ever wondered whether a family trust could help you protect your wealth, lower your tax bill, or set up your family for the future, this episode is for you!  Join our 300K+ She's on the Money community in our Facebook Group and on Instagram.  Acknowledgement of Country By Natarsha Bamblett aka Queen Acknowledgements. The advice shared on She's On The Money is general in nature and does not consider your individual circumstances. She's On The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs.  Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708,  AFSL - 451289.See omnystudio.com/listener for privacy information.

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