Hi all I’ve been reading a lot of the posts on both Sommersoft and PropertyChat. We are hoping someone can help us out with below. My Grandmother passed away and my Mum was left with about $300,000. She wants to invest in property with her husband and 3 adult children, instead of just giving us the money. I first spoke to my accountant about setting up a trust and am still not sure on exactly which way to set this up. This is what I’m thinking so far: I will be doing most of the work for the trust (setting it up, finding properties to invest in, dealing with management agents etc). The plan for the trust is to invest in property around Australia. Discretionary Trust with 4 Primary beneficiaries (Mum, me, my brother and sister), secondary beneficiaries will be my father and my husband and we need to set rules for when my brother and sister have partners, or any of us have children, or hopefully never ex partners etc. Trustee: Company Directors of the Trust Company: Mum and Dad, they will guarantee any loans. All their assets are in both names so I think we should go with two but happy to be told otherwise. Settlor: Lawyer / Accountant. Appointer: Not sure this is required in our case – or should this be me? Further investment: Each of the 4 Primary beneficiaries have agreed to invest an additional $100 a week. What does everyone think? I know there is a lot more to think about, and we will seek professional advice, I just want to get my head around some of it so I know what questions to ask. Is there any glaring problems with what we are thinking so far?