Thanks for the further info re: estate planning Terry. Its certainly a valid point if there is no will or an invalid will in place and TIC agreement.

Hi Terry,

Thanks for the response, yes you have a good point. I suppose there is no good reason to change away from TIC (50/50) with my wife as its the same ownership as JT in any case, however we do want to change from P&I to IO on the loan.

Terryw wrote:
Jason, if you want to learn about asset protection then I would recommend the Trust Structure Guide 2012 also from the tax institute. Costs a fortune though.

Thanks Terry,

Seems like quite heavy going, I’m thinking it would be a better use of my time to use an expert for this kind of thing.

Rob G. wrote:

jasonlheath wrote:

Terryw wrote:
There are very little ways in which you can protect assets in family law situations. Transferring assets won't help.

Thanks Terry, although that is really disappointing that there is no way to protect myself.

Before you START a relationship, you need to put your assets outside your effective…[Read more]

Terryw wrote:
There is.And that is not to enter into a relationship!

Haha, yes true but not so practical

Terryw wrote:
There are very little ways in which you can protect assets in family law situations. Transferring assets won't help.

Thanks Terry, although that is really disappointing that there is no way to protect myself.

Brian Pobje wrote:
…..
Offer on multiple properties at once.

Hi Brian,

I was told by a real estate agent in Perth that this is at least frowned upon, and perhaps illegal?

kat13 wrote:
So pay extra in my current mortgage for my house I am living in and roll over the investment into another period of IO? Makes sense in a way, I was very confused about the benefits of doing IO as it seems the difference is really small between paying IO and P&I so I thought it might be better to pay P&I on the investment, that way…[Read more]

Just want to say thanks a lot Winston as this information is really useful. Im in Perth and concur with a lot of what your charts were suggesting for the start of 2011. The one thing Im not sure of though is the effect of the continuing commodity boom for Qld and WA.