Hi Terry, need your help regarding loan for residential house. Is there some other way to reach you?
Hi, my mortgage broker said the banks don't prefer this method and it's hard to get a loan. Could Terry help me out please? DM?
Don't understand?
I was thinking of asset protection, that's why I'm thinking about putting in a trust now. If I control the trust while I'm alive, it could save...
There's a list of conditions that they are allow to have access, before they are 35.
Would 1 million invested in vanguard in the trust offsets the cost of hiring the corporate trustee? Or I could set up the trust with a bucket...
Yes, I'm brain storming and trying to see what is possible. Thinking of doing 1 of each of this trust for each child? A corporate trustee and...
Was thinking of setting up a corporate trustee for a company or someone to manage to trust funds for the child (adult). And only certain...
Apologies, going with the scenario that cash is treated as capital and distributing capital incurs no tax for the child (adult). 1) I put 100k...
Thanks Terry for clarifying. Yes, I'm confused about capital and income. So capital (cash) can be stored and withdraw from trust to child without...
Trust income. are you saying they can modified the trust details so that the child is able to get the "gifts" from the trust without tax? I...
thanks, I can google all about the different types of trust, but I couldn't really find out or confirm the tax consequences for the child (adult).
simplified; I want to leave some money for my child. If I were to give it directly, there would be no tax for the child. If I want asset...
I think I'm confused about trust and it's tax benefits for passing money down to future generations?? I understand if you have a lot of adults who...
It means as long as the funds doesn't come from bribery of China officials, they don't care?
Australian employees of Packer's Crown Resorts detained in China It seemed like China is trying to stop it's govt from getting bribes money out...
usually they go to macau, there's no limit of how much Chinese yuan you can bring into Macau casino, and they cash out as winnings in AUD cheque?...
You can't transfer, bank does not allow.
understood, just that China has a limit of USD$50k per person per year.
Please ask him. I need to prepare these before the transfers. With Covid, impossible to fly over, and gather documents in such a short time....
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