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227 tax time Q&A with an accountant

Dev Raga Personal Finance

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Can You Rout Your Income to a Trust?

The purpose of a trust is to manage, protect and pass on an income that the trust would gain am from that particular asset. Underan ordinary employment arrangement, you can't re rout your eployment income to te trust because it's just your employment income. So there's no real point in doing that, i suppose. O you probably can't even do it. But if i have an income through a hospital, and i use that income to invest, then i can do those investments under a trust. That doesn't stop me from doing that. But the original income has to be routed. Why? P a g, yes, absolutely.

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