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  • Profile photo of browndogbrowndog
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    @browndog
    Join Date: 2004
    Post Count: 2
    April 21, 2004 - 12:21 pm

    Tennants in Common is the way to go. I know two girls on the Gold Coast buying up near beachside property, ripping it down, making duplexes with a 50% interest. One at a time, no need for the trust venture (although I would consider it if you wanted to protect yourself from future partners. Trusts are good when you have a family.)[biggrin]

    Profile photo of browndogbrowndog
    Participant
    @browndog
    Join Date: 2004
    Post Count: 2
    March 14, 2004 - 6:50 am

    I agree that people should not be penalised and forgoe opportunities only because they have to pay it all in child support.
    My idea would be to look at setting up a family trust (therein providing a structure to build wealth for the children) while I am not sure how child support agency can assess someones income, when it is now owned by an entity.[^]

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