Recent content by Jcode

Thanks again for your advice Terry. Much appreciated.

Was just wondering about this for a while now. Why wouldn't a property be protected from a divorce case if the property was in a family trust? How would the courts determine what percentage of the properties are owned by the the beneficiary going through a divorce settlement?

Hi All, On an application for a loan, can an applicant add assets held in a trust if the applicant is a beneficiary of the trust? I've heard from banks will turn down a loan if the applicant has more liabilities than she/he has assets, hence the reason why i ask this question. Thanks in...

Thanks for all your replies. Seems like I need to do a lot more research and even look in other options e.g. Unit trusts. I'm just a bit confused though.. It's always mentioned everywhere that family trusts is a good tool for "Asset Protection".. exactly what scenario would this be true...

Hi Terry, I was thinking protection against divorce settlements? litigations against my siblings and I, but then again , non of our jobs are high risk in terms of litigation. I'm also thinking that if we were to keep investment properties in a trust, Properties could be passed down through...

Since it's 4 siblings, you have to ask whether a family trust is appropriate at all. What's the plan for this property? Plan is to invest with my brothers and sisters. Pay down the mortgage in to make it positively geared. Buy another investment house in the future. Who will be the...

Thanks everyone for your reply. You've all been so helpful. As Alex mentioned.. If a property is negatively geared. Is it worth putting a property into a trust just for asset protection? In my situation, the property would either be in 4 names (my 2 brothers, sister and I) or in a trust...

Hi Guys, My family has a family trust we used to run a Vending machine business. We are now not trading anymore and but instead want to use the trust to hold investment properties. I have a couple questions that i was hoping someone can please help me out on. 1.) When using a family...