All Topics / Finance / Litlle info on the trusts

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  • Profile photo of BinHBinH
    Participant
    @binh
    Join Date: 2007
    Post Count: 3
    May 30, 2007 - 4:05 am

    Hi there fellow investors!

    My Partner and I have just purchased our first IP and we’ve bought the DVD’s from Steve, but was wondering if anyone can break the info down when it comes to setting up a trust, how is it beneficial and other areas. Just wanted to see how many of the SERIOUS investors out there are applying the same strategy? And if it works for them, if not what does.

    Cheers guys

    Profile photo of pilihppilihp
    Member
    @pilihp
    Join Date: 2006
    Post Count: 26
    May 31, 2007 - 10:16 am

    Hi BinH,

    Trusts are extensively used for a variety of reasons. You need to get professional help from an Accountant or Solicitor that has the relevant experience if you are going to consider the benefits compared to the costs.

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    June 4, 2007 - 9:16 am

    The benefits are many including asset protection and tax reduction.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 3 posts - 1 through 3 (of 3 total)

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