I guess any trust set up to favour dependents/beneficiaries and that trust happens to increase its value over time (remember Lang Hancock died in 1992) is probably due to good luck or hard work.
In Reinharts case, should the trust be disolved, the capital gains payable would require a sale of Hancock shares which is what Gina is trying to avoid.
Having said that, tax on the income earned by the trust has been paid as required by the ATO.
If they break up the trust a tax liabilty is there and they should pay.
