How do you effectively distribute from trusts - the legal and taxation requirements raise a myriad of issues when drafting trust distributions. This paper will address issues including:
- what are income or capital gains that can be distributed?
- streaming or targeting income to beneficiaries
- defining, identifying or creating beneficiaries
- income clauses and trustee resolutions for trusts in a post-BRK (Bris), Ramsden, Idlecroft & Nemesis world.