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  1. Terry_w

    Structure for a surgeon

    I am a lawyer And can give legal advice as well as tax advice on trusts. I also hold a credit licence and can give credit advice on the finance side. I also own property tax solutions pty ltd which is a licenced tax agent and can losge tax returns. Trusts are legal relationships and involve...
  2. Terry_w

    Structure for a surgeon

    Different between which 2? A trust isn't a legal entity but a relationship between thet trustee and the beneficiaries. For convenience it is called a 'structure'. 'Structure' covers legal ownership strategies, i.e. whose name to be on title, but also things like: - funding the deposit -...
  3. Terry_w

    Structure for a surgeon

    It all depends. There is also the concept of resulting trust, especially if he is a co-borrower. Upon bankruptcy a trustee in bankruptcy would argue the wife is acting as trustee for him, the non owner. 50% at least would be up for grabs.
  4. Terry_w

    Structure for a surgeon

    Gee! Like asking an acupuncturist about heart surgery. :eek: Check out Paul above. He is an accountant that knows a lot about trusts.
  5. Terry_w

    Structure for a surgeon

    He is going to marry and also has a wife! Asset protection is not simply setting u p a trust through an accountant. He needs legal advice, what is the structure of the discretionary trust? What type of trust is it, who is the appointor, is the trustee a beneficiary terms of the deed. What...
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