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My name is ***** ***** I am a NSW Solicitor. Thank you for your question, and will do my best to assist you with your question. Please understand this is not legal advise Please understand this is not legal advise but a guide to assist you.
You should be given copies of financial statements and also minutes of all meetings.
Yes it can be a discretionary trust. Trading simply means it runs a business and earns income.
You have to look at what the trust deed says about what happens with the money.
I cannot see the rest of your question.
You have to look at the trust deed and all of this is contained in it also your entitlements.
If you do not have a copy the trustee is responsible to give it to you.
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