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  1. DaleGG

    Asset Protectiion - Guarantor Risk

    Are Trusts always the answer Reply: 2.1.3.1.1.1.2.1.2.1.1.1.1.1 From: Dale Gatherum-Goss Hi Kim! There is no easy answer to this question because the type and value of each property will have an affect. For example, one hovel of $50,000 is different to one blue chip investment of $2.5m. A...
  2. DaleGG

    Asset Protectiion - Guarantor Risk

    Are Trusts always the answer Reply: 2.1.3.1.1.1.2.1.2.1.1.1.2 From: Dale Gatherum-Goss Hi Gordon! Your concerns are real enough. However, the changes to which you refer were first raised about 3 years ago now, and then shelved because they were too hard for the Government to implement...
  3. DaleGG

    Asset Protectiion - Guarantor Risk

    Are Trusts always the answer Reply: 2.1.3.1.1.1.2.1.2.1.1 From: Dale Gatherum-Goss HI Gordon! I look forward to your questions. At the risk of being difficult, can I suggest that you look at the archives over the last month as we discussed the "possibilities" to quite an extent only...
  4. DaleGG

    Asset Protectiion - Guarantor Risk

    Are Trusts always the answer Reply: 2.1.3.1.1.1.2.1.2 From: Dale Gatherum-Goss HI Kevin I must admit to never having read Renton's book. I never felt the need to do so as I had a brilliant teacher who is often used by the tax office to fight their tax law cases against people like me...
  5. DaleGG

    Asset Protectiion - Guarantor Risk

    Are Trusts always the answer (Long Post) Reply: 2.1.3.1.1.1.2 From: Dale Gatherum-Goss Hi Kevin You wrote: "The only other thing that I notice is that the cons of trusts, besides costs, are never mentioned. Some of the cons is the loss of flexibility and that there are legal obligations...
  6. DaleGG

    Asset Protectiion - Guarantor Risk

    Are Trusts always the answer? Reply: 2.1.3 From: Dale Gatherum-Goss Hi Kevin! No flames as I think your questions are well put and require careful answers. Well done for asking! >but are trusts always the >answer? No, they are not. Trusts work well for people intending to buy a number...
  7. DaleGG

    Asset Protectiion - Guarantor Risk

    Reply: 2 From: Dale Gatherum-Goss Hi Gordon First, I strongly suggest that both you and your wife seek legal advice on this issue. It is very important. Secondly, a trust is a far more flexible and powerful way to hold investments and reduce risks in your stated circumstances. Please...
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