Jun 27, 2026 – 5.00amDemand for an already popular wealth holding structure is set to surge after the government opened a loophole in its own plan to reduce tax minimisation by family trusts.Following a fierce backlash from estate planning lawyers, Prime Minister Anthony Albanese permanently exempted discretionary testamentary trusts from the 30 per cent minimum tax rate on all other types of discretionary trusts that will start in 2028.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Andrew HobbsWealth reporterAndrew Hobbs covers self-managed superannuation funds (SMSFs), financial planning, retirement, inheritance, tax, personal finance and, sometimes, the Perth Bears. He has been a financial journalist for 30 years, previously at Bloomberg and AAP.Fetching latest articles