All Topics / Legal & Accounting / Discretionary Trusts

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  • Profile photo of DuckyDucky
    Member
    @ducky
    Join Date: 2005
    Post Count: 7

    Hi all,
    New to the game and trying to do due deligence in protecting assets. How do you protect assests? Is a DT an option and why? Is it best to put properties in wife or husband’s name ? and what about the kids?
    Oh so many questions!![smiling]

    Profile photo of richmondrichmond
    Participant
    @richmond
    Join Date: 2003
    Post Count: 831

    Hi Ducky

    do a search on hybrid discretionary trusts they’ve been discussed ad nauseum, then go to http://www.gatherumgoss.com buy his book “trust magic” read it over and over…

    get quacking

    r

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,190

    Yes, using a DT will help – as you will not be ‘owner’ of the assets.

    Terryw
    Discover Home Loans
    Mortgage Broker
    North Sydney
    Click below to email me

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

    Lawyer, Mortgage Broker and Tax Advisor (Aust wide) http://propertytaxbook.com.au/

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

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