That’s perfect, cheers! Would a LIC be slightly different with a company structure? Or would you think they would operate similar to vanguard in...
Good point. Burry went on to say the “bubble” might burst if and when people start pulling their money out of all these passive investing models,...
Brains trust, Bit of a curious post more than anything. I’ve heard a bit over the last year or so about this supposed “passive investing bubble”....
Yes
I am getting these initial numbers second hand via a family member as they are setting up a similar trust. I’m also getting advice online via a...
Ok that’s good to know. I’ll have to take a better look at it, I’m not sure about the annual distributions but I’d say we will want that set up...
I believe the quote to set up as with a individual trustee was $700 plus around $300 ongoing each year. The corporate trustee set up was $1400...
That’s correct the trust will primarily for the protection of the initial and ongoing investment in listed shares as the initial investment will...
Sole trader part? Individual trustee part? Trying to obtain some decent advice... any help would be appreciated
Thanks for getting back to me so quickly. The trust will only be purchasing shares (LIC’s, ETF’s and individual companies) at this stage so I...
Hi, Just after some advice around setting up a discretionary (family) trust. The main question I have is around whether to set it up with a...
Of course! I thought he way based in NSW.. @Terry_w where are you based?
Thanks for your advice, really appreciate it. The last part will definitely be a rule we’ll use going forward!
True. Not so much debt recycling as just borrowing against the property to invest. Would seem like a no brainer then.
1. Cool cheers. Will get some professional advice around risks etc. 2. “Whoever controls the appointor position will control the trust” I took...
Thanks a lot for all your info so far, it’s been a great help. What were your thoughts regarding the debt recycling process as stated in the...
1. So basically they don’t have a legal claim to their partners share in the trust but can have a crack at it? As I suppose with anything in...
I can definitely see your point. The 3 of us are extremely close but we all bring different things to the table regarding investing.
Currently the cash is from a SMSF which is just about wound down, it had been tied up in shares within the fund previously. We are definitely...
See above for investing shares within the trust (asset protection)
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