guy_steele replied to the topic Are Trust Necessary? in the forum Legal & Accounting 17 years, 4 months ago
I have been tossing up whether to setup a trust or just buy my first IP in my name.I was interested in a trust soley for the asset protection. However the problem arises where the IP is slightly negatively geared. To make +ve cash flow I would need to claim depreciation. This works fine if I own the IP in my name as the depreciation comes off…[Read more]