I iKwak 12th Jul, 2005 #1 Trust seems to be one of the popular protections in Australia. I live in the states and wondering what kinds of limited liability protections do Australian owners have for their property?
Trust seems to be one of the popular protections in Australia. I live in the states and wondering what kinds of limited liability protections do Australian owners have for their property?
N NigelW 12th Jul, 2005 #2 iKwak said: Trust seems to be one of the popular protections in Australia. I live in the states and wondering what kinds of limited liability protections do Australian owners have for their property? Click to expand... We have proprietary limited companies which provide shareholders withlimited liability. However our tax laws are such that use of trusts to hold appreciating assets such as real estate is preferrable. Cheers Nigel.
iKwak said: Trust seems to be one of the popular protections in Australia. I live in the states and wondering what kinds of limited liability protections do Australian owners have for their property? Click to expand... We have proprietary limited companies which provide shareholders withlimited liability. However our tax laws are such that use of trusts to hold appreciating assets such as real estate is preferrable. Cheers Nigel.
