Opening a business inside a family structure

Any type of business or organization can be opened inside a family structure. A supermarket, a small retail shop, a government public service office, a division of a power or water sewage company, police traffic controllers, a sporting club or even a pub. The whole of society has the option to operate in a family structure if they chose to do so. But most of us don’t, why? Because most don’t know what it is and the advantages of doing so. In this book I plan to detail to you the concept of the family structure by using diagrams and explanations and also give an explanation on how ordinary Australians just like you can open their own business according to it. The family trust is the basis of the family structure. In order to operate a business in a family structure it needs to operate inside a family trust. The key difference between a society operating inside a family structure and the modern day world is that people are not paid according to the individual profits of each company they are working for. Before a person has become a primary relationship they are paid according to each relevant stage they reach, i.e. codependence, independence and interdependence. After this point they become a primary relationship and are paid according to how many people they are responsible for inside the family structure they represent. For example a class A primary relationship will earn the most and earn more as they become responsible for managing more primary relationships. People may still earn additional money by other means, for example inventors, investors or business entrepreneurs, but this is purely optional and extra curricula. The most important objective in every person’s life is managing their position inside the family structure; this is what people are paid for. Every person who happens to have reached the same level in life earns the same amount according to this simple formula, regardless of which company or organization they work for.

In depends on which partners you are refering to. In true family structure (TFS, a book im writing) the objective is to reach a point were you only have interdependant relationships. Every person starts life as a co-dependant to their parents and as the primary relationship is formed (usually one of your parents) the objective of this person is to take you from co-dependence to independence and finally interdependance (Adulthood). In TFS the spouse of the primary relationship should ideally be the only person who depends on any person for support inside the family structure. This means that once the spouse becomes an adult the primary relationship should become the landlord, work manager and relative to this person. In turn the role of spouse involves maintaining the respect of the primary in order to maintain its position in the world. Next comes the interdependant marriage which actually involves husband and wife having separate financhial affairs and no dependancies actually occur either way. In the interdependant marriage the relationship actually exists at a third entity called the public sector. So in summary in interdependancy the only relationship in which there is a "dependancy" is that between spouse and primary relationship. Interdependancy does not strictly imply a "dependancy" senario but rather simply that the relationship is "mutually dependant". In interdependancy I actually depend on you and you depend on me for emochional support. Every other aspect of the relationship as you would expect in nomal cenarios is non-existant. Sharing accomodation leads to co-dependant relations which usually become disfunctional over a period of time. This is why in order to create and maintain interdependancy we actually need to build a public sector in order to house our children in which is also the third entity that husband and wife share the care of their children inside.

Next comes the ability to integrate business and family into a single entity. Every person actually works under the direction of their primary relationship. The primary relationship is under a binding aggrement by the government not to release certain information about your life such as your full name and address and is the only person who actually knows exactly were you are accomodated or by the old fashion terms "live". In TFS people actually live inside the public sector in order to maintain privacy.  

People generally tend to relate to each other in one of three ways:
Dependently, Independently, or Interdependently.

People in dependent relationships spend much of their time
fighting about who has to take care of whom.

People in independent relationships are often lonely.
They spend much of their time out of each other's sight.

People in interdependent relationships do whatever is best for both partners.
They make sincere, reliable agreements with each other,
based on their separate wants and needs,
and they stick to them.

We can be happy – at least for a while – in all three relationships.
But we can only feel genuinely secure when we become interdependent.

http://helpyourselftherapy.com/topics/3rels.html

The following is my thoughts

Dependancy is very simular to co-dependancy. Independancy is like living separate lives in the same territory. Interdependancy is like living lives together in separate territories- i.e. we actually live in a third entity called the public sector. Interdependancy actually brings our lives back together after we have become independant and perhaps a little lonley.

Interdependancy is a lot healthier over the long term and people in these types of relationships tend to have a lot less problems as they find a much lesser need to compromise.

They live in separate territories with their own rules and priorities as to how resources should be allocated.

The person you can employ to manage your SMSF would be the accountant? or someone else?

Thats interesting. Could be quite a saving if it was possible to do.

Terry, what do you mean by unencumbered?

I am guessing it might mean "inherited"

okay, thanks

I dont know yet. My grandfather told me he is going to see the accountant over the next 2-3 weeks. I also sent the accountant an email explaining to her what my grandfather needs to do and the reasons why. The reasons for that was that my grandfathers ability to communicate is not exactly perfect and I really think she needed someone to pre explain to her the situation. She however also told me that both trustees are required to make any desisions. I really dont think my grandmother will co-operate from what ive seen.
I feel like my grandmother is hiding something and not being honest.

Yes, well it is actually a new policy and I know he has been talking to the company but hasent finalised it yet. He will explain the insurance situation with me and the wife soon at which point I will be adding notes to the will stuff. Sometime after that point next thing we will be doing is seeing the solicitor to make the will.

The insurance is with st geoarge bank and came as an offer with the loan as he just purchased two additionall investment properties.

So I need to think about setting up either a unit trust with 50/50 directions to the spouses or a two separate testamentary trusts for each spouse in which each spouse is named the appointer for their relevant trust…?

Okay, well what if the directions on the will just specify how the insurance payout are given? that would be binding?

Well in your opinion would it be worth investigating one of these as well or just leave it to the insurance company directions which will also be included in the wil…