There's a common saying that you should ‘begin with the end in
mind’ - this is especially true for property investment.
The problem is that too many investors begin their investment
journey without considering what will be the best ownership structure.
Without much thought to it, they put their entire portfolio in
their personal name.
This might be perfectly acceptable in many circumstances, but
there are other options out there that might be more beneficial.
Such as a family trust, for example.
In this article, I’ve detailed everything you need to know about
family trusts, including how to set one up, why you might use one, and all the
benefits and risks of doing so.
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Tuesday, 6 June 2023