I dont like money

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Uploaded by on Sep 10, 2009

Question: I love distributing Family Trust income to my 2 children. Both my children are now well into their 20s and still living the university life compliments of dad and mum. Ive got to support them so I may as well take advantage of their brilliant low tax status. My accountant told me that since my children arent really seeing the money in their bank account, my kids need to forgive the debt. What is that?

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