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Reply: 1.1.1.1.1.1 From: Sim' Hampel On 3/2/01 8:21:22 PM, T Avery wrote: >I have looked at trusts as I >agree that they provide very >good asset protection. >However, I found a few >drawbacks: >- the costs of >doing so are quite high, as in >Victoria (which has >the highest stamp duty...

Business Entity and Lending Reply: 1.1.3.1.1.1.2 From: Sim' Hampel If you want to know more about trusts and how they work from a more general point of view and not just investment properties, I would recommend the following book: "Family Trusts", N.E. Renton, 1997, Wrightbooks Pty Ltd...

Reply: 1.1.1.1 From: Sim' Hampel Don't forget that the proposed tax changes for trusts are just that.. proposed. They haven't come into force yet (July 1, 2001 was the target), and based on recent press, they may be thrown out all together (or at least heavily tweaked !) The other thing to...