People have tried to break trusts over the years to tax them but have failed and Ill tell you why.
Discretionary trusts are one of the best ways to pass on family wealth as the children can also be trustees of the trust as well as beneficiaries and getting profit disbersements. There is no leaving property in a will you can put everything into the trust fund and when you die the children become the major trustee and so the government cant tax the crap out of your estate.
That is one reason the other is most politicians and wealthy individuals use discretionary trusts and bucket companies that work out of the trust, this way the bucket company which will have no money or assets can go broke and the trust retains all the assets.
Politicians will never allow trusts to be broken. I have a discretionary trust set up.
