The Government Just TAXED Your Death... #shorts #australia #budget

By Scott Kuru

Community Score: 50% | 4.5K views | 3d

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There’s a lot of noise online right now about whether there is or is not a “death tax,” so let’s make one thing clear. The issue is not just the label. It's what these trust changes could do to ordinary families trying to pass wealth on properly. Testamentary trusts have long given families flexibility. To protect children, respond to changing circumstances and make sure money ends up where it was intended. What is being proposed makes that process more rigid, more taxable and potentially more exposed. That matters because this is not just about tax. It's about control, protection and whether families can pass on what they built in the way they intended.

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