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Answered in 5 hours by:
11/1/2015
Leon, Solicitor
Category: Australia Law
Satisfied Customers: 52,729
Experience: BEc Dip Ed, Dip Law (SAB) MTax (UNSW)
VerifiedGood Evening
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.
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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service.
