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Daniel Butler

Jun 4, 2026

21:44
Mm.
21:45
Uh, we generally associate that with a family trust in the, in the broader sense, where it's from typically from mum and dad, kids, relatives, uh, eligible companies, eligible trusts, and potentially charities.
21:58
So the general concept of a trust, having said that, there's no general concept of a trust.
22:04
Um, a trust is really governed by the trust deed in, in play, and that, that was, uh, via the High Court decision some years ago.
22:13
So trusts can be wide-ranging, but, uh, a discretionary trust is typically broadly referred to from a tax perspective as a non-fixed trust.
22:23
So when we look at a non-fixed trust is a discretionary trust, and therefore we go to the definition of what is a fixed trust.
22:32
And then we get into this area of fixed trust, and a fixed trust is a very strict type of fixed trust, and we go to the trust, trust loss provisions.

6 MINS LATER

29:09
Mm.
8:36
[laughs]
8:37
Not really what patients want to know.
8:38
I, I say that jokingly, and I wanna be very clear, and I think sometimes dermatologists, you know, sort of lose the message.
8:44
UV, or the sun, is certainly a cause of, you know, o- o- morbidity, mortality, but really it is the cause of most of the aging of our skin that we see.
8:54
So making sure that you're well protected from the sun.
8:57
You should still be out in the sun, which is a very clear recommendation.
9:00
You should be out running, you should be out playing, you should be doing things, particularly, you know, in, in, in really nice places like San Francisco.

25 MINS LATER

34:08
Yeah

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