Choosing Structure to invest in sha

Discussion in 'Share Investing Strategies, Theories & Education' started by LeeM, 21st Oct, 2019.

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  1. LeeM

    LeeM Well-Known Member

    4th Sep, 2018
    Gold Coast
    Hi all, I’m very new to invest in shares & financial instruments. So please bear with me if I’m asking very basic questions here.
    So I’ve been using a Discretionary Trust to invest in properties for years. I’m now in the process of selling one of the ip and then invest in shares & other financial instruments instead. Should I use the same Trust to invest in shares? Or create a new one? Or use my own name? @Terry_w mentioned in other thread that there’ll be legal issues in this. So I’m really worried and just want to get the structure right from the beginning. Thanks
  2. Trainee

    Trainee Well-Known Member

    24th May, 2017
    Depends on any number of things. Whether you have a spouse, children and what there incomes are. Estate planning? Do you need asset protection? Who knows.
  3. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

    18th Jun, 2015
    Australia wide
    There are legal issues to everything. You need specific advice from a lawyer, especially on the existing trust. I have seen many that need abandoning and starting over again.

    Here is a thread from a while back

    Legal Tip 151: Structuring the Ownership of Shares Legal Tip 151: Structuring the Ownership of Shares

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