All Topics / Legal & Accounting / No idea about trust. Which book to read?

Viewing 6 posts - 1 through 6 (of 6 total)
  • Profile photo of MarucoMaruco
    Member
    @maruco
    Join Date: 2005
    Post Count: 48

    Hello, everyone.
    I decided that it is the time for me to learn about trusts.
    My husband lent me print-outs, but I didn’t understand a thing.
    I had no idea what’s the difference between trustees and beneficiaries.
    As you can see I don’t have any basic knowledge about trusts.
    Is there any good books which explain trusts in a plain English?
    I need a very very basic one.
    Thank you.

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544

    Hi Maruco,

    Try ‘Trust Magic’ by Dale Gatherum-Goss.

    It is available http://www.gatherumgoss.com – costs around $100 but money well spent. There is ample room for note taking as you go along.

    Derek
    [email protected]
    http://www.pis.theinvestorsclub.com.au
    0409 882 958

    Profile photo of gatsbygatsby
    Member
    @gatsby
    Join Date: 2003
    Post Count: 708

    Hi Maruco,
    Derik is spot on. I have Trust Magic and totally agree.
    Cheers,
    Gatsby.

    “Sometimes the hardest thing to do in life is often the best thing to do.”

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544

    Hi Maruco,

    I do have a copy of the index to ‘Trust Magic’ that you are welcome to have a look at to help you with yoru decision making.

    Just drop me an email with ‘Trust Magic Index’ as subject and I’ll forward it through.

    Derek
    [email protected]
    http://www.pis.theinvestorsclub.com.au
    0409 882 958

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Agree that Dale’s book is well worth adding to your library..

    Check out Strategic Wealth Management as well for articles..you can also ‘search’this forum for additional information..

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”
    Count The Currency With This Online Positive Cashflow Calculator

    Profile photo of MarucoMaruco
    Member
    @maruco
    Join Date: 2005
    Post Count: 48

    Thank you very much, everyone.
    I will send an e-mail to Derek for “Trust Magic Index”.
    First I study about trusts, and then I will go and talk to an accountant.

Viewing 6 posts - 1 through 6 (of 6 total)

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