[M & SParticipant@mozza7Join Date: 2015Post Count: 12]

May 5, 2016 - 8:07 am

Hi can someone elaborate as to who the speakers will be?

[M & SParticipant@mozza7Join Date: 2015Post Count: 12]

June 24, 2015 - 10:53 am

Hi,

Could you please PM the details if you still have this available?

Kind Regards,

M&S

[M & SParticipant@mozza7Join Date: 2015Post Count: 12]

May 23, 2015 - 12:10 pm

Terry, would you mind sending us a link to your ebook, possibly through PM if required?

Thank you in advance,
M&S

[M & SParticipant@mozza7Join Date: 2015Post Count: 12]

May 23, 2015 - 11:51 am

Wow, it certainly is a lot more complex than we first thought (and we first thought it to be complex)!! We really appreciate and value your time and advice, thank you Terry.

We have a writren loan document for each IP in the trust in the name of the individual trustees as trustees for the family trust and have previously claimed the interest in the trust (not personally). Is this loan document a sufficient written document of the loan for the trust to prevent such circumstances as you’ve mentioned? Or are you referring to the need for a clearly written document outlining the gift/loan to the family trust?

We have not financially benefited in any way from the trust, and do keep finances separate (aside from previously using our PPOR’s equity, which we will have a closer look at).

We will search for your e-book and will be interested to read your book on trusts. If you remember, please let us know when it’s available (although we may be a little out of our depth).

We still have a multitude of questions, partly as a result of what you’ve written which we appreciate. We knew we had a lot to learn, but you’ve provided some direction as to where we need to go from here.

Thank you,

M&S

• This reply was modified 8 years, 11 months ago by  M & S.

[M & SParticipant@mozza7Join Date: 2015Post Count: 12]

May 23, 2015 - 10:55 am

Hi Terry,

You’ve asked us very good questions, and it reiterates just how little we currently know about finance and trusts. We did however work closely with our accountant to set up our trust and when he has since reviewed them, no concerns were raised.

To answer your questions, the trustees have separate bank accounts for the trust money and rents.

I suppose the equity was used used as a gift to start our trust.

Are there benefits to whether we opt to utilise our incomel/equity in the trust as a loan or gift?

Is there any material you could recommend that we read in order to increase our knowledge of this?

Thank you in advance,
M&S

[M & SParticipant@mozza7Join Date: 2015Post Count: 12]

May 23, 2015 - 9:05 am

Hi Terry,

Just to clarify, our PPOR is not in our family trust and is not connected in anyway other than through the use of equity towards IP. We have separate bank accounts for our PPOR and our IP loans.

Could you please elaborate what part of our sructure could be in breach of the trust?

We value any advice you have as we would like to ensure we have the best possible structure/strategy in place to improve our chances of achieving our IP goals.

Our IP (in the trust) are in the trustees name’s.

Thank you in advance,
M&S

[M & SParticipant@mozza7Join Date: 2015Post Count: 12]

May 22, 2015 - 8:46 pm

Thank you all for the responses. We really appreciate your time and input.

Richard, what would you require in order to look over our current structure? Please PM us if that is preferable.

Jamie, I suppose ‘starting out’ is relative. By starting out, we have only been investing for the past 12-18 months and are a long way from achieving our goals. We are new to the forum and there is a lot we still need to learn. Thanks for the vote of confidence though :)

Kind Regards,

M&S

• This reply was modified 8 years, 11 months ago by  M & S.

[M & SParticipant@mozza7Join Date: 2015Post Count: 12]

May 18, 2015 - 5:34 pm

Hi Don,

Thank you for taking the time to reply. We really appreciate your advice and will take it on board.

M & S

[M & SParticipant@mozza7Join Date: 2015Post Count: 12]

May 12, 2015 - 3:57 pm

Hello, could you please PM me with the information?