South Australian Trusts – Perpetuity Periods and Asset Protection
Journal
Country
Australia
Published Date
Issue
Asia-Pacific Tax Bulletin 2013 (Volume 19), No. 6
Document
This article examines the possibility of organizing trusts that are governed by South Australian law and are thus not subject to the “rule against perpetuities”. In that case, the trust’s assets – for example, a family farm, a business or shares in companies – potentially never need to vest in beneficiaries.