All Topics / Creative Investing / Wanting More Info on Trust Accounts for Investing

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  • Profile photo of princesshayleykprincesshayleyk
    Member
    @princesshayleyk
    Join Date: 2012
    Post Count: 7
    December 3, 2012 - 9:55 pm

    Also I have purchased Trust Magic and look forward to it's arrival :-)

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    December 3, 2012 - 10:37 pm
    princesshayleyk wrote:
    Great Advice above guys, I appreciate it.  Would you suggest looking in to the Trust option ASAP?  We have only been in business 7 weeks but it's looking rather promising and we already have plans to expand in the next few months.  I have no dramas in spending the money up front if it means saving money and hassle down the track…

    For a business this is a no brainer. Use a trust with a corporate trustee. But since you have already started there will be a few issues which you need advice on.

    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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