Aug 23, 2026 · 41 min · 12 segments
Trusts are no doubt a complicated thing. There's a lot of moving parts, a lot of different parties involved, and most will be close to the Settlor, which can create it's own problems. So should you…
Janet XuccoaGuest
Tim BeveridgeHost
But it does sometimes feel that with the changing political climate and talk about wealth taxes and all sorts of taxes where they're actually going to look at land taxes.
And you think, gosh, should I be thinking about a trust set up for my family? Of course, as they say with the shampoo ad, it may not happen overnight with these taxes, but it may happen.
So, yeah, should you have a trust? What sort of assets should you, could you, would you put in a trust? But there's another question around trusts.
And there's a part of me that sort of thinks that there's – this is an awkward thing to say in front of my guests, but I always have thought they're an interesting legal invention, trusts.
But are they sort of moral? Because if you are, have you got a trust – Sometimes people have trust because they don't want the tax man to get at it.
But then again, the moral side of it is I've got kids and I don't want the dirty taxpayer getting their hands on what I want to go to my children.
To be fair, I don't have a lot of conversations like that because we're not often talking about trust.
But we are talking about trust a lot today because we have, well, she's a regular on the show now.
And I can tell because even just the level of relaxed demeanor that she had compared to her first appearance is completely different.
But it does sometimes feel that with the changing political climate and talk about wealth taxes and all sorts of taxes where they're actually going to look at land taxes.
And you think, gosh, should I be thinking about a trust set up for my family? Of course, as they say with the shampoo ad, it may not happen overnight with these taxes, but it may happen.
So, yeah, should you have a trust? What sort of assets should you, could you, would you put in a trust? But there's another question around trusts.
And there's a part of me that sort of thinks that there's – this is an awkward thing to say in front of my guests, but I always have thought they're an interesting legal invention, trusts.
But are they sort of moral? Because if you are, have you got a trust – Sometimes people have trust because they don't want the tax man to get at it.
But then again, the moral side of it is I've got kids and I don't want the dirty taxpayer getting their hands on what I want to go to my children.
To be fair, I don't have a lot of conversations like that because we're not often talking about trust.
But we are talking about trust a lot today because we have, well, she's a regular on the show now.
And I can tell because even just the level of relaxed demeanor that she had compared to her first appearance is completely different.
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