Here is a tip for young players.
When purchasing property consider the 'structure' of the ownership of the property and the short term and long term asset protection issues.
structure doesn't necessarily mean ownership via a trust structure. When a couple are purchasing property they...
I'm still trying to understand properly how discretionary trusts offer asset protection. Please correct me if the scenario below is way off...
Person A is the Trustee and Beneficiary of a discretionary trust, Trust A.
Person B is only a beneficiary.
Say a big bad company (Company Bad)...
http://m.abc.net.au/browse?page=11144&articleid=4323478&cat=Business
Interesting story relating to transferring property to spouse:
"The trustee of bankrupt Sydney personal injury solicitor Russell Keddie says the lawyer's wife has offered $4.5 million to settle claims against her..."
I have been ploughing through tonnes of info on Hybrid Trusts and much of it is conflicting. The latest readings are from Julie Hartman's 'Saving Tax on you Investment Property' and she does not seem to recommend them. She says that the tax benfits are just not there for property investors...