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Geoff thanks for the comment :D I will confess to not even realising. Redwing in my early days I lurked on this forum for maybe 12mths before registering and starting to contribute and put something back to help others. Many are better at it than me but happy to answer Q's when I can...

It is a good deed and I am very happy with it. I did the corporate thing myself, Justin said it would add about $150 for him to do it and that was fairly straight forward. I only needed to ask a couple of questions. It took me about 14+years of asking "trust questions" getting a consistant...

The cost of setting up a trust :-) I can tell you mine 1) Trustee company registration $700 then I have the cost of keeping the company registered and that is $220/yr 2) HDT from my lawyer $900 no other ongoing costs. Justin, spent sometime talking to ChrisBatten and supplied me...

hmm not quite. well that is what I think anyway :o following your logic that means the unit price of a property trust on the stock exchange can never go down. Nor can one ever go broke. They do and they do. :) Now the family trust we will call HDT. if the trust we set up and run by you...

Mry hi, "special units" is what you will find them referred to in your trust deed. That is fairly much all that is said about them, all of maybe 1 paragraph :) . Now when the Trustee goes to the market to raise some capital it is going to do so by issuing "x amount of special units" now...

Bill sorry about your friend and I extend my condolances to you and your friends family. Yes as we get older, what is important tends to change and the invaluable things in life are those around us. I agree with you about the 'level of understanding' and it is discussions like this that help...

Bill hi again, just a quick point here, my HDT is actually positive :-) and that is nice thankyou. I have properties in the trust that are owned outright, I can use that for security etc for further borrowings. But I am paying 48% personal tax, it is better for me to borrow the money (HDT offers...

Bill hi, yep you are correct expanding the conversation to where is it now makes for more complexity, it is an area that I have not yet fully explored and how it might be of benefit due to, I suspect the extra cost of managing it all. I do see some benefits however, ie limiting the exposure to...

Hi, Norman again, :-) I come back to the whole point of my original post when I made a couple of observations about the discussion and some points possibly not considered. And it is, an HDT is a DT if the trustee decides to not sell "special units" also therefore the protection afforded is...

Oops sorry guys, I forgot to add my conclusion, I was distracted here. So in closing, I really don't see the value of setting up a plain DT, when you can set up an HDT and then chose to not issue "special units" then all you have is a DT. But the beauty of it all is, if in the future things...

Bill/Mike hi, not a bad discussion guys but thought I would just throw in some comments that appear to have been overlooked. Bill your comments about the loans for the HDT being easily picked that that would/could cause further investigation, I don't believe that is isolated to the HDT...