This is a unit trust arrangement that I think most people should stay clear of.
There are some benefits, but for most people it's overkill.
It was also promoted under a "hybrid discretionary trust" structure and a "Property Investors Trust".
I think everyone should beware of statements such as this. It is not correct to say most people should stay clear, perhaps better to say this is something that may not suit most people but there is nothing wrong with this strategy. It is one of many strategies and may be considered. It is not the same as a hybrid discretionary trust. completely different.