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Thread: PIT
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Old 24-07-2008, 12:21 AM   #2 (permalink)
Nigel Ward
Team InvestEd
 
Posts: 1,097
Join Date: Jun 2005
Hi Urbanvest and welcome!

Why do you think that a "Hybrid Trust" is suitable for your needs? Or indeed the so-called "Property Investor Trust" to guess from your subject line?

Although the focus of this article Don't panic! The real story on asset protection is asset protection, can I suggest you read it, and in particular the section I've directed you to? (I know the author - he's great )

If you start out without clear goals as to what you're trying to achieve and an understanding of the relative importance of various competing objectives such as tax effectiveness vs asset protection vs flexibility then you're in danger of getting your structuring wrong...which can cost a lot.

Once you've got a clear idea of the things you're trying to achieve then you can obtain legal and tax advice about how to best structure your affairs to do so.

Best of luck and welcome once again

Cheers
N.
__________________
Nigel


This is a general comment only and does not constitute advice. Before making legal or financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
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