Hi all,

I am in the same position as jcarlos. My partner and I are in the process of getting our finances sorted so we can start investing and we are confused and undecided on whether we should be setting up a trust or not.

Neither of us work in a ‘risky’ profession at present, so were advised not to bother about setting up a trust for asset protection as it was an expense that is not necessary for our situation.

Then we have also been told that setting up a trust is the only way to go.

We are wanting to only invest in positve cashflow properties and are concerned that the extra costs of setting up and maintaining a trust would eat up a lot of this cashflow.

Can anyone offer advice??

Thanks,

natasha