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The role of the primary relationship
The role of the primary relationship is to take each relevant child from co-dependence to independence and finally to interdependence. Once a person reaches interdependence they are able to take the role of being a primary relationship themselves. As the person has reached each stage they are recognized and honored by society and also given a pay increase for their efforts. Each person earns the same amount of money at various stages throughout the family structure. Government sector and the private sector all operate under the family structure and each person earns a pay relevant to their stage i.e. co-dependence, independence and interdependence. As mentioned previously as each person becomes responsible for more people inside a family structure they earn a pay increase relevant to the number of people they represent. For example inside a five generational family structure the Class A primary relationship would be the highest earner as he/she has to keep track of information about five people and report this to the government.
Opening a business inside a family structure
Any type of business or organization can be opened inside a family structure. A supermarket, a small retail shop, a government public service office, a division of a power or water sewage company, police traffic controllers, a sporting club or even a pub. The whole of society has the option to operate in a family structure if they chose to do so. But most of us don’t, why? Because most don’t know what it is and the advantages of doing so. In this book I plan to detail to you the concept of the family structure by using diagrams and explanations and also give an explanation on how ordinary Australians just like you can open their own business according to it. The family trust is the basis of the family structure. In order to operate a business in a family structure it needs to operate inside a family trust. The key difference between a society operating inside a family structure and the modern day world is that people are not paid according to the individual profits of each company they are working for. Before a person has become a primary relationship they are paid according to each relevant stage they reach, i.e. codependence, independence and interdependence. After this point they become a primary relationship and are paid according to how many people they are responsible for inside the family structure they represent. For example a class A primary relationship will earn the most and earn more as they become responsible for managing more primary relationships. People may still earn additional money by other means, for example inventors, investors or business entrepreneurs, but this is purely optional and extra curricula. The most important objective in every person’s life is managing their position inside the family structure; this is what people are paid for. Every person who happens to have reached the same level in life earns the same amount according to this simple formula, regardless of which company or organization they work for.
What is the primary relationship?
To begin there is only one primary relationship. The primary relationship is the one and only person you have no secrets from. The purpose of this person involves love and guidance and its job is to talk to you on a daily basis. This person is employed by the government to perform this role for you and is under a binding agreement by the government not to release certain information about your life, such as your full name and address. The primary relationship is the only person out of your entire social group who knows where you live. The reason for this is for your protection. The primary relationship will usually initially live with you and eventually separate once you reach a status called “Interdependence” and if you do live separately then you would be in contact by phone on a daily basis. This relationship may last years to decades and if either party dies a replacement may be organized by the government. If either party is not happy with the other party they may apply for an exchange. The primary relationship is the most important person in your entire social group and as an individual your responsibility is to maintain the respect of this person in order to maintain your position in society. The primary relationship is also equivalent to your work manager, land lord and parent all as a single entity and is the only person who has any control over your financial status. If this relationship is beginning to break down then your role is to cut out all other relationships in order to focus solely on this one. Once this relationship is functioning again then you are able to start building secondary and tertiary relationships back up. Usually the primary relationship would initially be one of your parents but if you lose this person a replacement should be organized by the government. It can also be an older brother, sister, aunt, uncle or grandparent depending on your circumstances.
bjsaust wrote:You seem to be confusing independent with interdependent. Interdependent would imply the partners depend upon each other.In depends on which partners you are refering to. In true family structure (TFS, a book im writing) the objective is to reach a point were you only have interdependant relationships. Every person starts life as a co-dependant to their parents and as the primary relationship is formed (usually one of your parents) the objective of this person is to take you from co-dependence to independence and finally interdependance (Adulthood). In TFS the spouse of the primary relationship should ideally be the only person who depends on any person for support inside the family structure. This means that once the spouse becomes an adult the primary relationship should become the landlord, work manager and relative to this person. In turn the role of spouse involves maintaining the respect of the primary in order to maintain its position in the world. Next comes the interdependant marriage which actually involves husband and wife having separate financhial affairs and no dependancies actually occur either way. In the interdependant marriage the relationship actually exists at a third entity called the public sector. So in summary in interdependancy the only relationship in which there is a "dependancy" is that between spouse and primary relationship. Interdependancy does not strictly imply a "dependancy" senario but rather simply that the relationship is "mutually dependant". In interdependancy I actually depend on you and you depend on me for emochional support. Every other aspect of the relationship as you would expect in nomal cenarios is non-existant. Sharing accomodation leads to co-dependant relations which usually become disfunctional over a period of time. This is why in order to create and maintain interdependancy we actually need to build a public sector in order to house our children in which is also the third entity that husband and wife share the care of their children inside.
Next comes the ability to integrate business and family into a single entity. Every person actually works under the direction of their primary relationship. The primary relationship is under a binding aggrement by the government not to release certain information about your life such as your full name and address and is the only person who actually knows exactly were you are accomodated or by the old fashion terms "live". In TFS people actually live inside the public sector in order to maintain privacy.
THREE STYLES OF RELATIONSHIPSPeople generally tend to relate to each other in one of three ways:
Dependently, Independently, or Interdependently.People in dependent relationships spend much of their time
fighting about who has to take care of whom.People in independent relationships are often lonely.
They spend much of their time out of each other's sight.People in interdependent relationships do whatever is best for both partners.
They make sincere, reliable agreements with each other,
based on their separate wants and needs,
and they stick to them.We can be happy – at least for a while – in all three relationships.
But we can only feel genuinely secure when we become interdependent.http://helpyourselftherapy.com/topics/3rels.html
The following is my thoughts
Dependancy is very simular to co-dependancy. Independancy is like living separate lives in the same territory. Interdependancy is like living lives together in separate territories- i.e. we actually live in a third entity called the public sector. Interdependancy actually brings our lives back together after we have become independant and perhaps a little lonley.
Interdependancy is a lot healthier over the long term and people in these types of relationships tend to have a lot less problems as they find a much lesser need to compromise.
They live in separate territories with their own rules and priorities as to how resources should be allocated.
Yes thats right. I wasnt suggesting using that means to shortcut centrelink tho. I was merly just curoius. I tried opening a internationalbank account with HSBC and they said the australian government banned the use of these types of accounts with them.
I know in the states they pay a lot less tax on bank interest. It might be perfectly legal to transfer money overseas and pay tax in another country.I tried opening an acocunt with HSBC and they said they no longer offer accounts to Australians due to restrictions imposed by the australian government.
Thanks again Terry
The person you can employ to manage your SMSF would be the accountant? or someone else?
oh right, got ya. Thanks
Thats interesting. Could be quite a saving if it was possible to do.
Terry, what do you mean by unencumbered?
I am guessing it might mean "inherited"
Also my dad paid his supperannuation with income that was salary sacrificed. This means he paid a reduced rate of tax on his supperannuation contributions (Not the full rate of tax). So I imagine he may have to pay some tax on his retirement benefit once he reaches age 60?
okay, thanks
Sure, I will let you know
I dont know yet. My grandfather told me he is going to see the accountant over the next 2-3 weeks. I also sent the accountant an email explaining to her what my grandfather needs to do and the reasons why. The reasons for that was that my grandfathers ability to communicate is not exactly perfect and I really think she needed someone to pre explain to her the situation. She however also told me that both trustees are required to make any desisions. I really dont think my grandmother will co-operate from what ive seen.
I feel like my grandmother is hiding something and not being honest.My grandmother is being very incoorperative over the trust situation. She refuses to make any changes to the trust deed. My grandfather wants to make changes to ensure she only takes her share of the trust appointer. However, the accountant requires both of them to agree in order to make any kind of changes to 35 year old trust deed as they are both trustees. This morning I made the following document which I think I may get my grandfather to sign under the radar which in the future could be used as evidence for his actual wishes in the court.
What is a Discretionary Trust Deed?
A Discretionary Trust, also known as a Family Trust (there is a differing definition in the Tax Acts), is not a separate legal entity unlike a Company. The sole purpose of a Discretionary Trust is to distribute income to particular Beneficiaries nominated in the Deed and decided by the Trustee at any given time (at the trustee's discretion). Reasons why you would consider using a trust are: Asset Protection, Estate Planning and flexibility for distribution of income.
Whilst a Trust cannot hold assets or incur liabilities, the Trustee has a legal obligation to hold and maintain the assets and liabilities on behalf of the Trust for the Beneficiaries.
The most common form of a Trustee is an Incorporated Company controlled by the Principal Beneficiary (Appointor) of the Trust to ensure the continuity and future security of the Trust.Definitions
Settlor : The person who establishes the trust. Once the Trust has been created the Settlor no longer has any rights or benefits from the Trust.
Trustee : Person (Company) who has legal title/control over property/assets on behalf of another. A Trustee may be a Company to place assets at arms length from your business and personal assets. Property and assets are purchased and held by the Trustee (e.g. "Trustee" as trustee for the "Family Trust").
Beneficiary : Primary Beneficiaries are the people for which the Trust is created (usually lineal family); General Class of Beneficiaries may be anyone related to the Primary Beneficiaries, non-lineal family, and any company/trust in which a primary beneficiary of the trust has an interest.
Appointor : The person who represents the Primary Beneficiaries and may cease or appoint the Trustee.
Succession Appointor : Appointor's personal representative to take over the role upon the death, resignation or inability to act of the Appointor. This is an important consideration when setting up the Trust as Assets held in a trust do not form part of your estate and do not pass in accordance with the terms of your will.XXX XXX Senior and Mrs XXX should be made to be current appointers.
In the event of XXX XXX senior death his succession appointer is given to XXX XXX junior. In the event of Mrs XXX death her succession appointer would be a spouse/child of her choice.
I XXX XXX Senior Herby Declare that in the event of my death my wishes are for Mrs XXX and my Son XXX XXX junior to have equal control over position of the role of appointer of XXX Family Trust. I understand this would involve the position of appointer being given both to Mrs XXX and XXX XXX Junior.
Date
Yes, well it is actually a new policy and I know he has been talking to the company but hasent finalised it yet. He will explain the insurance situation with me and the wife soon at which point I will be adding notes to the will stuff. Sometime after that point next thing we will be doing is seeing the solicitor to make the will.
The insurance is with st geoarge bank and came as an offer with the loan as he just purchased two additionall investment properties.
Yes, so dad may have to fill out a binding nomination form for the insurance company for the directions to be binding or they are binding by defult?
So I need to think about setting up either a unit trust with 50/50 directions to the spouses or a two separate testamentary trusts for each spouse in which each spouse is named the appointer for their relevant trust…?
Okay, well what if the directions on the will just specify how the insurance payout are given? that would be binding?
Yes, the life insurance policy…
So if you want to split a life insurance payout between two spouses then I suppose to put it in a trust is best as the trustee of the trust will have to follow the directions on the trust deed when paying out benefits…
Well in your opinion would it be worth investigating one of these as well or just leave it to the insurance company directions which will also be included in the wil…
