Think family trusts are just for the rich? Well not quite... let us explain!
Steve and Josh are uncovering the truth about trusts and debunking misconceptions they've heard as advisers.
But it's not all sunshine and rainbows either! With a few considerations to make before opening a trust, we discuss it all here on The Winner's Playbook.
This episode covers:
[0.01] Disclaimer
[2.20] Who needs a trust and why would they use one?
[04.37] What exactly is a family trust?
[08.50] Who can you nominate as a beneficiary of your trust?
[09.38] Basic set-up of a family trust
[11.16] When do you decide you need a trust?
[16.14] Drawbacks of a trust structure
[17.26] Buying property via a trust
[18.50] Final pitfalls of family trusts
[20.14] Can singles benefit from family trusts?
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Book a 15 Minute Call with Steve: https://calendly.com/steve-lwg/15-min-clarity-call
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Our Financial Services + Credit Guide: https://www.linkwealth.com.au/fscg
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General advice disclaimer: The information contained within this podcast is general in nature and does not take into account your personal circumstances. Please reach out if you wish to discuss your personal situation
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Want to find a Adviser that suits your financial needs:
https://www.linkwealth.com.au/
Get in touch with Josh:
https://www.linkwealth.com.au/josh-lee-link
Get in touch with Billy:
https://www.linkwealth.com.au/billy-norman-link
Josh's TikTok: https://www.tiktok.com/@joshleefinadv
Billy's TikTok: https://www.tiktok.com/@billynormanfp
Sign up to Link Wealth Group’s newsletter, Wealth Simplified: https://www.linkwealth.com.au/wealth-simplified
Our Financial Services + Credit Guide: https://www.linkwealth.com.au/financial-services-and-credit-guide
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General advice disclaimer: The information contained within this podcast is general in nature and does not take into account your personal circumstances. Please reach out if you wish to discuss your personal situation.
