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Hiya, Interestingly, I have had a few people suggest that I treat the hardline antogonists againsts HDT's in exactly the same way. It is not just one side of this debate that is refusing to change their mind. For whatever it is worth, I am only continuing to post here to ensure both points of...

Hiya, It's only binding for the person who applied for it, for the circumstances in which they applied. Sometimes, I wonder about the sanity of that statement, compared to the sanity of my career choice... ;) Cheers James.

Hiya, Unfortunately Shadow, as discussed with you via the PM's yesterday, I do not have a copy of that deed anymore and so cannot quote it. If your deed was issued after the previous model was revised, then all may be well and good... however, I am not in a position to make any judgements...

Hiya, I read a PIT deed that was created perhaps eighteen months ago, I think. Maybe a little more. Based on that, Batten's statement was correct, and there were important differences between the deeds. Admittedly, C&N may have updated their deeds since, but, I have not had access to a recent...

Hiya, Wow. This thread certainly has been busy. Apologies if my absence has been conspicuous over the last few days... unfortunately for some (and less so for others), I do have a life outside of work that doesn't involve dispensing free advice ;) But, it has been a good weekend. As these...

Hiya, I do apologise for that... again, I am at least partially responsible for this thread going off course. If I may, I would again suggest that you read Dale's first two articles, available online at his website. This should give you a good start as to how it all works. As you can see...

Hiya, Naturally, creative deductions are not restricted purely to hybrids; I apologise if I gave that impression. However, an individual cannot claim a gift to themself, or a travel allowance for investigating more property. A company or trust, though, can pay for such expenses, as you know. I...

Hiya, No, not correct, I'm afraid. The value of the units is not linked directly to the value of the assets. So while there is some CGT to be paid on the redemption of units, this should be outweighed by the tax savings of being able to distribute that income in a discretionary manner...

Hiya, None of this is new. Julia, I must admit that I do like, however, the way that you chose not to quote the part about the trust having complete discretion over all distributions (including capital gains income) if units have been redeemed before the profit distribution occurs...

Hiya, Dale's articles on HDT's can also be downloaded from his website: www.trustmagic.com.au. The most recent one cannot be featured online until September, I am told. Lisa, if you don't understand the concepts, then I would suggest that you really have two options; find out more (as you are...