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  1. Paul@PFI

    Advantages of corporate trustee?

    Perhaps may be harder too. Consumer Credit v's Commercial sometimes. Some lending ties up Trustee Directors credit files and some doesnt :-) This is where a good broker helps.
  2. Paul@PFI

    Advantages of corporate trustee?

    Ahh...The "alter ego" decision in "Richstar". Beneficiary, Trustee and Appointor all same..Or Trustee is sole director co. Some Trust Deeds maybe better than others to address this. I use one which has a "controller" who must consent to some Trustee changes to the trust. That appears sufficient...
  3. Paul@PFI

    Advantages of corporate trustee?

    A Corporate Trustee is also STRONGLY recommended for a unit trust over a human trustee. Some cheap accountants may recommend a human trustee who is the same person as the sole unitholder. Its probably one of the dumbest strategies in tax. Not many accountants (and some lawyers) can hold their...
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