I would hyave thought if you had a company with a million dollars in it you'd already have an accoun tant you could seek advice from.
As to how to get the money out of the company (you suggested into a trust), it really depends on a number of factors:
1) How did the money get there in the first place? 2) If it's from the sale of assets, were they pre-Capital Gains tax assets, or post Capital Gains Tax assets? 3) Did it come from the sale of a business or business assets? 4) Who are the shareholders and what are their income levels? 5) Are the shares pre or post CGT? 6) What are the level of franking credits in the company? 7) If there's a loan to the trust, what other income sources would it have to repay the loans (as a loan to the trust would almost certainly be caught as a deemed dividend under Division 7A unless a formal written loan agreement is entered into, interest is charged by the company at the rates set by the ATO and minimum levels of repayments are made each year? 8) Does the trust own property that the company can take as security for any loan (as any unsecured loan would be likely to have to be repaid over 7 years in order not be a dividend, and the maximum term becomes 25 years if the loan is secured by real property)?
