A
Anonymous
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From: Anonymous
Hi everyone,
These are basic questions about trusts. I'm about to buy my second property (first being the family home). The hubbie and I are also going to invest in shares. I've been scanning this forum for a couple of months and am catching on to the idea of setting up a trust and buying my investments in the name of the trust. This is especially since we plan to acquire lots of IPs and shares to provide us with a passive income. Enough waffling, here's my questions...
1. Anyone know any good books about trusts so I can learn more about them? I've been reading financial books by Paul clitheroe and noel whittaker and they NEVER mention trusts as an effective wealth/wealth protection tool. Even Jan Somers (our esteemed forum host) says that trusts are probably more suited to the retired investor, not one still in the rat race.
2. Should we be buying shares in the name of our trust as well (once we set up the trust)?
Thanks in anticipation of your responses.
Amy
Hi everyone,
These are basic questions about trusts. I'm about to buy my second property (first being the family home). The hubbie and I are also going to invest in shares. I've been scanning this forum for a couple of months and am catching on to the idea of setting up a trust and buying my investments in the name of the trust. This is especially since we plan to acquire lots of IPs and shares to provide us with a passive income. Enough waffling, here's my questions...
1. Anyone know any good books about trusts so I can learn more about them? I've been reading financial books by Paul clitheroe and noel whittaker and they NEVER mention trusts as an effective wealth/wealth protection tool. Even Jan Somers (our esteemed forum host) says that trusts are probably more suited to the retired investor, not one still in the rat race.
2. Should we be buying shares in the name of our trust as well (once we set up the trust)?
Thanks in anticipation of your responses.
Amy
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