Trusts

Discussion in 'Accounting & Tax' started by hillsguy, 14th Jan, 2017.

Join Australia's most dynamic and respected property investment community
Tags:
  1. hillsguy

    hillsguy Well-Known Member

    Joined:
    25th Aug, 2015
    Posts:
    499
    Location:
    Adelaide
    Hi folks, when I mention 'trusts' when investing in various social circles I get people looking at me strange.

    So strange that it seems to be some 'secret' for the ultra wealthy !

    So ... my questions -

    1. Is there an ultimate guide/book with examples and differences between the various types anyone can recommend for beginners like me ?
    2. How does the average Joe access info and learn concepts / advantages/ disadvantages without paying exorbitant fees to an adviser ?

    Many thanks folks !
     
  2. Terry_w

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

    Joined:
    18th Jun, 2015
    Posts:
    41,675
    Location:
    Australia wide
  3. Mike A

    Mike A Well-Known Member

    Joined:
    24th Jun, 2015
    Posts:
    2,656
    Location:
    UNIVERSE
    terry assisted in co authoring a book we published "things your accountant never told you about investing in property" and has a wonderful section he authored on trusts.

    shoot me an email and will send through to you as a pdf

    not exorbitant. free !!
     
    Gypsyblood likes this.
  4. D.T.

    D.T. Specialist Property Manager Business Member

    Joined:
    3rd Jun, 2015
    Posts:
    9,189
    Location:
    Adelaide and Gold Coast
    Trust Magic by dale gatherum goss still the best
     
  5. Terry_w

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

    Joined:
    18th Jun, 2015
    Posts:
    41,675
    Location:
    Australia wide
    Riddled with errors so take care. But it is a nice easy introduction.
     
  6. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,103
    Location:
    Sydney or NSW or Australia
    You'll have to sell him your soul though ;)
     
  7. Mike A

    Mike A Well-Known Member

    Joined:
    24th Jun, 2015
    Posts:
    2,656
    Location:
    UNIVERSE
    terry drafted the contracts so pretty good :p
     
    Scott No Mates likes this.