A trust is not a legal entity so can’t borrow money. What happens is that the trustee of the trust borrows the money in their capacity as trustee...
There is a legal principal that a person cannot be a beneficiary for themselves as the definition of a trust is the trustee holds property for...
Hi Peoples, My son is feeling a little defeated & I don't know what to do As an offshoot of his year 11 schooling - business subject - My16 yr...
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...
The trustee of a trust will be the legal owner of any trust property, generally, so any change in trustee would generally result in a transfer of...
I have a family trust with a corporate trustee (Trustee Pty Ltd). I want to run a business and I want to use Trustee Pty Ltd as the trading...
Legal Tip 257: Dangers of having a friend act as trustee and mortgage your property There is a dangerous strategy being promoted out there...
Hi all, I’m looking into setting up a discretionary trust to invest in property. I work in a litigious industry and want to make sure my assets...
My spouse and I have one investment property in our Family Trust which was purchased late 2017. After purchasing the investment property, the...
Hi all About 10 years ago we set up a Family Trust with our Company as Trustee. As it transpired, the Family Trust was never used, and has never...
Hi, I own one property in QLD and wanted to buy another one in SA in the next few months. Now I was thinking if it wouldn't be better to create a...
Hi, can anyone recommend the best way to change the trustee of a discretionary trust. Currently we have a corporate trustee and wish to change to...
Hi everybody, I have a trust question and I do hope that someone out there could kindly enlighten me on this matter. Me and a mate are looking...
Basic question is, is it worth it to spend around $100 for a trust online, or $500 to register a company online or the $1000+ a brick and motor...
What are the advantages of a Corporate Trustee over an Individual Trustee There are many advantages of having a company act as trustee of a...
Separate names with a comma.
