Redwing,
PRetty much a stock standard off the shelf discretionary trusts. No special additions to deed.

lupus

Hey one and all

Many thanks for the response. What I wanted to know was the effect imputation credits within the trust structure, are they quarantined within the trust or able to be distributed.

Thanks Cata and Terryw for the responses.

Guess from my point of view, was wondering how to work around the stupid predicament Ihave gotten myself…[Read more]

George,
Can I enquire as to how the properties went from +CF to -CF?

Apologies if this seems a naive question, but I always assumed that CF+ properties mean’t that the rent coming in covered pretty much all expenses and holding costs. If the properties already belonged to you and the income has in the past covered the expenses, how do they…[Read more]

Hahaha,
Why the heck not Might as well start somewhere, and if the deals are there, why not look into them

Congratulations Cpt Picard. Looks like you have been busy on your path to success.

Am about to start the next leg of my journey as well and start looking again. If you don’t mind me asking, where abouts were you looking? Sounds like you have quite a few deals

Lupus

Originally posted by Cata:
A “Deed of love gift” will allow you to gift the funds to the trust. Easy and cheap to do. If the funds are no longer yours they can not be clawed back, but if they are loaned to the trust then it would be seen as an asset for you.

CATA
Asset Protection Specialist
[email protected]

Cata,
Thanks for the…[Read more]

Hi Everyone,

Was wondering the following point about trusts. I understand the entire point of running them is for asset protection. If the asset is not in your name, there is a barrier towards anyone getting their grubby little mits on it

However, my question is, how does the law view the initial seed money contributed to the trust. While the…[Read more]