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Why should'nt they comment on cookie cut trust deeds that were sold in bulk?

FTR I do have one HBT holding RE established a few years ago, but no units were ever issued. Josko I think you need to clarity the phrase "units which you hold for your beneficiaries." Who and how are they holding units for the beneficiaries? Are you saying Joe Blo borrows money to buy...

Has it occured to you that they were not gurus, but were just pushing their products? All the comments and answers lead to the same conclusion: buy the product. You know, the aussie slang for it is "weeing on your back and telling you it's raining, and btw they got these nice umbrellas for sale...

The underlying issue seems this: 34. A loss or outgoing is not deductible where it is incurred to gain or produce benefits for other persons Many people keep on arguing the point that a trust is a "different entity" just like an "other person" , and not themselves, so they are getting what...