If you have a family trust I believe that they will be assessed by centrelink in the following way for the old age pension.
The distribution will be counted as a full distribution and include franking credits if any ie the trust assets will not be used for deeming purposes..
The trust assets will still be calculated in the asset totals but in the non investment total.
My way of thinking would be to have low dividend high growth shares / assets in the trust , that way the distribution will be lower than the deeming rates. Also a place for your speccy stocks .
Other than that , hand the trusteeship and trust over to the kids or dissolve it...
Just my thoughts....I am not a financial advisor..
