Setting up Property Trust Fund

Viewing 10 posts - 1 through 10 (of 10 total)

shimbu73
Member
@shimbu73
Join Date: 2007
Post Count: 6
April 19, 2007 - 8:41 am
I have listened to the DVD which come with Steve McKnight book.
He talks about setting up a Trust Fund to Manage your property's
to protect them so you don't lose everything if something goes
wrong.
My Question is how do you set one up?
Who do you talk to about setting it up?
Thanks John O'Brien
Terryw
Participant
@terryw
Join Date: 2001
Post Count: 16,213
April 19, 2007 - 12:11 pm
The best person to see is a good accountant. Do some preliminary research on the net and be aware that not many accountants understand trusts so if your's says you don't need one ask for the reasons why.
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
shimbu73
Member
@shimbu73
Join Date: 2007
Post Count: 6
April 19, 2007 - 11:36 pm
Thank You Terry, I will talk to my accountant about it.
John.
taplin
Member
@taplin
Join Date: 2004
Post Count: 23
April 20, 2007 - 3:49 am
Dear John,
Make sure your account does know what he is talking about though. If you live in the Brisbane area I can recommend Compass Services who really do look after me and my trusts.
All the best and do take care of your investments – it is better to be safe than sorry.
Debbie
shimbu73
Member
@shimbu73
Join Date: 2007
Post Count: 6
April 20, 2007 - 7:14 am
Thanks Fred & Debbie,
I live in Victoria you wouldn't happen to know of anyone
down here.
Thanks,
John O'Brien
taplin
Member
@taplin
Join Date: 2004
Post Count: 23
April 22, 2007 - 4:58 am
Hi John,
We don't have any direct dealings with anyone in Victoria but as we are also a part of the Ed Burton "Inner Circle" we were given the following accountant's details a few years ago who at the time was working in the Ringwood area, if that is any nearer for you. Okay, yes it must be closer than Beenleigh for you but maybe still not near enough. Here are the details:
Adrian Hill (03) 9812 2257
or e-mail
[email protected]
As I say, we have had no direct contact with Adrian but in this day and age I still wouldn't put Compass Services in the too-far basket – they really do know what they are talking about and here are the details if Adrian is still not who you are looking for:
MARK.L.SEABROOK
MANAGING DIRECTOR
PH: 61 (07) 38079670
FAX: 61 (07) 38072574
MOBILE : 0418733810
LEVEL I , TRINITY PLACE
1 JAMES ST BEENLEIGH QLD 4207
QUEENSLAND AUSTRALIA
e-mail: [email protected]
Mark seems to know the answers to any questions you may have buzzing around in your head even before you ask.
I wish you well.
Debbie
cata
Participant
@cata
Join Date: 2005
Post Count: 559
April 22, 2007 - 9:45 am
Adrian is on the ball, I use him myself
Superior Tax Solutions
Mt Elisa, Melbourne
The phone number in the above post is out dated.
(03) 97878906
He has been very busy and I'm not sure if he's taking on more clients.
Worth a phone call tho.
Oh, and I'm in Brisbane too.
shimbu73
Member
@shimbu73
Join Date: 2007
Post Count: 6
April 22, 2007 - 8:58 pm
Thanks everyone you have been of great help.
John O'Brien
taplin
Member
@taplin
Join Date: 2004
Post Count: 23
April 22, 2007 - 11:27 pm
Cata,
Thanks for the updated details on Adrian. I have updated my address book now.
Have yourself a great week.
Debbie
Ol Painting
Member
@ol-painting
Join Date: 2003
Post Count: 123
June 6, 2007 - 3:40 am
Hi,
Does anyone know the good accountant in Sydney?
Someone why would be conficent with CF+, development and trusts…
Thanks