Tax planning advice

Viewing 5 posts - 1 through 5 (of 5 total)

andyperry16
Participant
@andyperry16
Join Date: 2005
Post Count: 24
April 16, 2006 - 3:50 am
Hi all, I hope you are all having a great Easter, and a great 2006.
I am currently looking into setting up a company trust to buy my real estate with, Would anybody like to reccomend an Accountant or Financial advisor in perth that could help me out with my planning?
Thanks Guys
Chris.R_WA
Participant
@chris.r_wa
Join Date: 2005
Post Count: 24
April 16, 2006 - 5:18 am
Hi Andy,
Sorry I cant help you, but I would also be very interested in hearing if anyone has had a good experience with help setting up trusts in Perth?
reidpg
Member
@reidpg
Join Date: 2004
Post Count: 8
April 16, 2006 - 11:09 am
Andy,
Sorry cant help you in Perth. Although Trust deeds are pretty standard. It was simple for my account in Sydney to arrange to set up a Discretionary Trust and Trustee Company (would recommend that as you can then control what the trust invests in rather than Trustees). Two resources you can have a look at are:
http://www.incorporate.com.au
http://www.chrisbatten.com.au
Trust Magic by Dale Gatherum-Goss is also an elightening read and I would recommend it even if it just ensures you ask the correct questions when speaking to the person setting up your trust.
Good luck.
Phil
Stuart Milne
Member
@stuart-milne
Join Date: 2006
Post Count: 196
April 16, 2006 - 12:20 pm
Boutique Financial Planning
Subiaco Lvl 1/ 230 Rokeby Rd 6008 (08) 9381 8779
Call and ask for Cheryl tell her I referred you. Any problems email me and I’ll do what I can to clear them up for you.
Cheers,
Stuart Milne
Non-Conforming Specialist
READY Mortgages
http://www.readymortgages.com.au
[email protected]
Mob: 0404 056 055
cata
Participant
@cata
Join Date: 2005
Post Count: 559
April 16, 2006 - 10:47 pm
Originally posted by reidpg:
Andy,
Although Trust deeds are pretty standard. It was simple for my account in Sydney to arrange to set up a Discretionary Trust and Trustee Company (would recommend that as you can then control what the trust invests in rather than Trustees)
The common misconseption it that trust deeds are standard. They are as simillar ar a Commodore and a Falcon, both cars but that’s about where the similarities end.
It is simple for an accountant because they refer the work to a legal profesional, but your recommendtion is the right one. A trustee company allows you to control everything but own nothing.
CATA
Asset Protection Specialist
[email protected]