In this episode of The Australian Finance Podcast, host Gemma Mitchell is joined by award-winning financial adviser Deline Jacovides, founder of Mazi Wealth. Together, they break down the ins and outs of discretionary (family) trusts—what they are, how they work, and when they’re worth considering.
In this episode, we cover:
- What a discretionary trust is and how it works in Australia
- When a trust structure makes sense—and when it doesn’t
- Investing in shares vs property in a trust
- The tax benefits of trusts (and when they actually apply)
- Common misconceptions—like “trusts are only for the rich”
- The real costs and admin involved in setting up and maintaining a trust
Whether you’re building wealth, planning for the future, or just curious about how trusts fit into the bigger financial picture, this episode offers practical insights to help you decide if a trust is right for you.
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Resources for this episode
- Delines last episode with Rask: Super & retirement in Australia: a financial adviser’s perspective - YouTube
- Connect with Deline- About us | Mazi Wealth
- Ask a question (select the Finance podcast): https://bit.ly/R-quest
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DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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