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  1. DaleGG

    Yet another question about trusts

    Reply: 1.2.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1 From: Dale Gatherum-Goss Hi Owen Thank you for clarifying this issue. I wish you well with it and am glad that you are comfortable with this approach. Dale
  2. DaleGG

    Yet another question about trusts

    Reply: 1.2.1.1.1.1.1.1.1.1.1.1.1.1.1 From: Dale Gatherum-Goss Hi! Interesting though, but, I wouldn't do it. The main advantage of a trust is it's asset protection. By using a company as a trustee, we leave the individuals out of the equation completely and I like this. Furthermore, there...
  3. DaleGG

    Yet another question about trusts

    Reply: 1.2.1.1.1.1.1.1.1.1 From: Dale Gatherum-Goss Hi EL! Yes, you have it right! Dale
  4. DaleGG

    Yet another question about trusts

    Reply: 1.2.1.1.1.1.1.1 From: Dale Gatherum-Goss Hi EL That will be great. I'm hoping to meet lots of people that I talk to on this forum. Again, if I can help explain things a little better. Just shout, here or off line. Dale
  5. DaleGG

    Yet another question about trusts

    Reply: 1.2.1.1.1.1 From: Dale Gatherum-Goss Hi I'm sorry!! The trust is needed because the assets are held "in trust" for the people who are to benefit from the trust. The trustee is the figurehead of the trust who makes decisions on behalf of the assets held within the trust. Does this...
  6. DaleGG

    Yet another question about trusts

    Reply: 1.2.1.1 From: Dale Gatherum-Goss Hi! A lot of this stuff is what I had planned to talk about in my seminars. My manual also covers a lot more of this as well. What happens with a trust is that someone (a settlor) decides that you are a lovely person and they wish to put $10 aside...
  7. DaleGG

    Yet another question about trusts

    Reply: 1.1.1 From: Dale Gatherum-Goss Hi EL No, you have stated a common misconception that confuses most people, so please don't apologise. The trust itself will own no assets. However, the trustee owns all the assets of the trust on behalf of the beneficiaries. Does this help? Dale
  8. DaleGG

    Yet another question about trusts

    Reply: 1 From: Dale Gatherum-Goss Hi Tony! There is no one correct answer, one size fits all approach to investing. I believe that the trusts are brilliant vehicles to use for asset protection and wealth creation as I have mentioned (OK, OK, I'm starting to sound like a broken record) on...
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