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Im hearing you Simon! Which is why I quickly bailed out of the thread that I started.;) I decided to speak to an accountant who does do trusts and was referred to Qlds007's accountant. He simply explained that as we can already stream our income equally (self employed) we don't really need a...

Thanks for your reply Thanks again Julia and Dazzling I am planning to do some buy,renovate and sells in the very short term to increase our capital for some good buy and holds, so I will use this time to look into DT's more and have a good talk to my accountant. I really do appreciate the...

Thankyou Julia, Jacob and Alex. We work for ourselves in a partnership arrangement and distribute our earning equally from our building business. What about the asset protection factor of trusts? Considering the fact we are builders and it is a fairly litigous occupation I thought that trusts...

I have recently talked to my solicitor and accountant about setting up a HDT to begin our IP portfolio. My accountant wanted to know what benefit I thought I would get from operating in a trust aside from some asset protection. He seemed to think that if the bank want your property they will...