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Labor wanted a trust crackdown. It created this superstar instead

The exemption for testamentary trusts means it is still possible to get significant tax benefits and robust asset protection in one structure.

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https://www.afr.com/wealth/tax/labor-s-raid-on-trusts-hits-much-deeper-than-just-tax-20260518-p5zyge

Family trust changes in the federal budget and how they affect your wallet

https://www.afr.com/wealth/tax/labor-s-raid-on-trusts-hits-much-deeper-than-just-tax-20260518-p5zyge