Borrowing for IP's using HDT

[DebtEquity]

I read with interest that one of SS forum members is selling IP out of their HDT. Because of land tax issues, running costs and Funding issues.

So for a normal PAYE employee what is the best way to structure a portfolio of IP's for your future estate planning. What about obtaining finance is it useful to use a Trust set up or just set up in your own name and set up a Testamentary Trust for your family,

What are others thoughts or recommendations?

 

[jrc]

Just bear in mind that a testamentary trust is set up in a Will so it only starts to happen once the Will comes into effect, ie when the person who makes the Will is dead.

Major benefit is for minor children, ie the unearned income thresholds don't apply.

Usual rules still apply ie a loss cannot be distributed