ElisaMT replied to the topic Multiple Trusts in the forum Finance 9 years, 8 months ago
And don’t forget, the more trusts that you have the bigger the accountants bill!
In general trusts are about asset protection these days, and while there can be some tax benefits as well they do not directly benefit your borrowing potential so you have to look at the purpose of setting up a trust and ensure that it is still a viable vehicle…[Read more]
ElisaMT replied to the topic Mortgage Broker Fees in the forum Finance 9 years, 9 months ago
It is not overly common however brokers that deal with very complex structures where there are trusts, company or developments and so forth often do, mainly because you can spend many hours structuring a deal or a plan, packaging the loan or loans only to have the client change their mind and you have then wasted that time from a business…[Read more]
ElisaMT‘s profile was updated 9 years, 9 months ago
ElisaMT became a registered member 9 years, 9 months ago