Thursday, May 18, 2006

A matter of trust

Hi all

Well the family trust looks like being a definite possibility, judging by your votes and comments so far. But here are some words of caution from Martin Hawes:

Steph

I cannot think why you would go to the expense of a trust. There would be no tax savings that I could see, you do not need the asset protection, there are no relationship property issues and you are a long way from needing rest homes!

The expense and time cost of a trust would seem to me to be a waste of time and money.

Martin

Good to get another perspective on this. More views and votes welcome!

Steph

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