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  1. coastymike

    Paying tradespeople cash in hand

    Yes the properties were protected because they were in trust. The entity subject to litigation was another trust with a different corporate trustee, different directors and different shareholders. Good structuring.
  2. coastymike

    Paying tradespeople cash in hand

    Yes seen many clients subject to legal claims and successfully used their structures to settle claims for a low amount or in some cases just liquidate the entities involved and the counter parties received nothing.
  3. coastymike

    Paying tradespeople cash in hand

    Don't worry those dealing with cash are usually caught out by those they least expect. The Ronin case, which involved millions, sent the mother and sons to prison. All as a result of a tip off from the wife's ex partner. Disgruntled employees, jealous friends, bitter lovers. Remember the ATO...
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