All Topics / Legal & Accounting / Beginners Guide to Trusts

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  • Profile photo of Property WAProperty WA
    Member
    @property-wa
    Join Date: 2005
    Post Count: 132

    Hi,

    I know this topic/question will probably have been covered before but couldn’t quite find what I was looking for in the archived posts..

    Can any recommend a basic ‘beginners guide to trusts’ book?

    Something thats a good starting point and doesn’t get to technical but covers the different types of stuctures, uses, adv/dis.adv and so forth.

    Thanks a heap!

    Profile photo of catacata
    Participant
    @cata
    Join Date: 2005
    Post Count: 559

    Ed Burton’s is a good starting point.
    “Bulletproof Asset Protection”

    CATA
    Asset Protection Specialist
    [email protected]

    Profile photo of MichaelYardneyMichaelYardney
    Participant
    @michaelyardney
    Join Date: 2001
    Post Count: 616

    You could look for Ed Chan’s books at bookshops “How to legally reduce your tax”

    or for a great description of trusts: Trust Magic by Dale Gatherum Goss- http://www.gatherumgoss.com

    Michael Yardney
    METROPOLE PROPERTIES
    Author of Australia’s leading property e-magazine.
    Join over 10,000 readers each month.
    FREE subscription http://www.PropertyUpdate.com.au

    Profile photo of Property WAProperty WA
    Member
    @property-wa
    Join Date: 2005
    Post Count: 132

    Thanks Cata & Michael,

    Cata – where would be the best place to read more about Bulletproof Asset Protection. Had a look on the web and cant seem to track it down?

    Michael – is ‘bookshops’ part of this website?

    Profile photo of tonyy21692tonyy21692
    Member
    @tonyy21692
    Join Date: 2003
    Post Count: 128

    Just read Ed & Tony’s new book and is a good place to start.

    regrds
    tony

    Profile photo of Property WAProperty WA
    Member
    @property-wa
    Join Date: 2005
    Post Count: 132

    Hi Tony,

    Do you mean a book by Ed Chan and Tony somebody? Sorry.. not really up to date with the books and so on.

    Whats the title and where did you find it?

    Thanks for the post.

    Profile photo of grossrealisationgrossrealisation
    Member
    @grossrealisation
    Join Date: 2005
    Post Count: 1,031

    hi Property WA
    go to http://www.chan-naylor.com.au and you can buy from there and you will find they maybe going to wa soon.
    ring em on syd no 029391 5055 ask for peter tanswell.
    publisher is 1300553503.

    here to help
    If you want to get involved in some of the projects I’m involved in email to [email protected]

    Profile photo of catacata
    Participant
    @cata
    Join Date: 2005
    Post Count: 559

    Hi Property WA

    Contact me if you would like some info on where to get Ed Burton’s book. I do not want this to sound like an add so e-mail me .

    CATA
    Asset Protection Specialist
    [email protected]

    Profile photo of Property WAProperty WA
    Member
    @property-wa
    Join Date: 2005
    Post Count: 132

    Thanks grossrealisation and Cata,

    Might end up getting both!

    Ive had a look at the website and Ed Chan’s book looks really quite comprehensive in terms of what Im after – thanks again grossrealisation.

    Ive sent an email through Cata.

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Visit Sommersoft for some Interesting Posts on Chan-Naylors P.I.T

    However, I would recommend reading the book.

    I have the Following Books on Trusts (from Memory)
    1 -Dale GatherumGoss’s Trust Magic
    2- Ed Burtons Bulletproof Asset Protection
    3- Chan and Naylors “How to legally Reduce your Tax”
    4- Nick Rentons book on Trusts

    All with different bits of worthwhile information..

    “Money is a currency, like electricity and it requires momentum to make it Effective”
    Count The Currency With This Online Positive Cashflow Calculator

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    I have Dale’s book, which is very easy to read and understand.

    Terryw
    Discover Home Loans
    Parramatta
    [email protected]
    Sign up to my mailing list.
    Just send me a blank email, with “subscribe” in subject line.

    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

    Profile photo of Property WAProperty WA
    Member
    @property-wa
    Join Date: 2005
    Post Count: 132

    Hi all,

    Thanks for the added info Redwing and TerryW.

    I actually got my ever reliable mum to grab me a copy of the ‘How to legally reduce your tax’ (as she is a business & libary lecture) and I started it on the weekend.

    First few pages have already spun two of my long held thoughts on the head – which I love as it gives you a much broader coverage on issues and opposes your own beliefs.

    Once I get through this I think I’ll try get work to buy the other title recommended by Cata and Redwing – Bulletproof Asset Protection. And maybe even Dale’s next!

    So far this book is just what im looking for so thanks again all for the posts. Really is appreciated.

    P.S. ‘Ma Ma’ also mentioned that this was one of only two copies left and when the lady at the shop was showing her where to find it she said ‘right, heres one copy..now where’s the other. Mum replied ‘oh thanks I only want one’ to which the lady said ‘ oh yeah i know..I want a copy for myself!’ (think the title got her in)

    Profile photo of BelvedeBelvede
    Participant
    @gummybear
    Join Date: 2016
    Post Count: 6

    Hello ALl … I just came across your thread fro years ago … wondering if anyone of you have any information on where I can buy Ed Burton’s book please ?

    In particular, would welcome also, @cata + @ Property WA to respond (as per their above comments.

    Thank you

    Belle

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    I’ve never seen Ed Burton’s book, but it would be way out of date now.

    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

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