All Topics / General Property / Asset protection
Hi,
I’m wondering if anyone can explain whether the following “strategies” work for property asset protection:
1) Purchasing property under a Discretionary Trust, or
2) Dominique Grubisa’s strategy – I believe it is related to the Vestey Trust system.
As way of context; at one of Dominique’s recent seminars, she suggested that the Discretionary Trust system doesn’t provide adequate asset protection and that her method could protect all existing assets without incurring stamp duty. I have little to no knowledge on asset protection so was wondering if someone with legal knowledge / experience could help me out.
Thanks,
Phil
Smoke and mirrors!
What is her definition of a vestey trust?
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
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