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@VilzSkilz-pl2sh Ай бұрын
We all know Gold Diggers are woman 🤷🏽♂️
@CatherineIves 2 ай бұрын
I thought the trustee was the beneficiary while the trustor is the one that manages the trust.
@sarasabery89 2 ай бұрын
Do you know if you sue someone that has a family trust, can you recover the losses? What if there is no money in their account? Means you can't go after their assets right?
@emmama5841 2 ай бұрын
Any restrictions how much can borrow from RE?
@madeinaustralia1566 3 ай бұрын
wow you are the best put in simple word languages Its os easy to understand , thank you so much
@alefavourite 3 ай бұрын
Hey! Just came across your vide. It is really informative, thank you! Did the labour government manage to introduce the 30% tax on trust you mentioned in your video?
@tysonbrown1277 3 ай бұрын
Wont stop your short term wife from cleaning you out though
@ziontrainmedia9498 3 ай бұрын
Thank you!
@Spacem3 3 ай бұрын
Right, so trusts are just so rich people can do dodgy things and avoid tax. What a rort
@scottmenhennet9933 2 ай бұрын
You don't have to be rich to have a trust and want to protect what assets you do have. You are just being a pessimist blaming others. Nothing is stopping you from using a trust
@Spacem3 2 ай бұрын
@scottmenhennet9933 idk, seems like people without assets wouldn't really need a trust to protect them. Trusts sound like they're just a tax loophole to be exploited
@AshwiniShelgaonkar-z5s 3 ай бұрын
The margin scheme can still apply and save lots on GST and stamp duty Purchasers can use it for private use, non-residential properties
@Honestly888 3 ай бұрын
Does Family Trust that has FTE and IEE needs trust resolution each year? Thanks
@gandalf2256 3 ай бұрын
Why did you make the family brown? Not cool
@breakfreeYT 4 ай бұрын
Thank you.
@KateLate____ 4 ай бұрын
I will be careful not to bother the accountants at these times!!
@KateLate____ 4 ай бұрын
What compliance is required by the corporate trustee?
@KateLate____ 4 ай бұрын
Now I finally understand why I set up a trust. I was convinced of the benefits when I created it, but I felt the explanation wasn't clear till now.
@Eucapivara 5 ай бұрын
Amazing video
@usrxroy 5 ай бұрын
That phone drop should be how i put it away every morning 😂
@MrSyedwaqasahmed 6 ай бұрын
Frist time, someone knows what he is saying.
@rolandblack2939 7 ай бұрын
Really good video, especially given changes I am making - please do more of them.
@nadim1915 8 ай бұрын
How do you run a small business under a trust ?
@yunusemreerkan6064 8 ай бұрын
No idea what the video is about, but loved it! :D
@3APNHA 8 ай бұрын
I've seen comments about this video being funny but I'm pretty sure this was just informative and there weren't any jokes... not sure what's funny. Anyway great video
@nimodualeh6234 8 ай бұрын
Hi Would like to know if trustee becomes liable for a credit or a trustee is sued, are the assets in the trust still protected?
@dylantrudgett1779 8 ай бұрын
Just the info I was looking for, great video.
@jaymieknight 9 ай бұрын
Love these series however I would love to know more about tax of-sets when I have to send income for that year to beneficiaries. Can I pay into my SMSF or what options do I have?
@yaluwang6620 9 ай бұрын
very good summary, easy to understand and remember, super helpful! thank you !
@anthonyonline4740 10 ай бұрын
Why do you keep saying rich folks? Define "rich". It's pretty judgemental. I'm not rich but i think the structure would be appropriate for me. I'm not offended, but it just seems really immature.
@willhatch4667 8 ай бұрын
What a weird Interpretation karen. If you were offended, no one would care.
@anthonyonline4740 8 ай бұрын
@@willhatch4667 I'm so glad you took the time to write to me. Please be advised that my name isn't Karen. Also, I love to be told that I'm rich. Sometimes I sit in my bathtub with thousands of $100 notes and swim in them. I'm not offended. Please advice actually, don't call me by name name, or Karen, please call me Mr mc Rich Rich you poor poor trollop.
@willhatch4667 8 ай бұрын
@@anthonyonline4740 that's pretty judgemental 😂
@anthonyonline4740 8 ай бұрын
@@willhatch4667 I like that's you laughed. I hope you have a fantastic day.
@DonT7 10 ай бұрын
great video !!!
@mosunny8107 11 ай бұрын
Thanks, can you recommend a bank that doesn't have the 10k a month crypto deposit limit?
@AG-yw9ob Жыл бұрын
You explained it well. Now I understood. Thank you for this video.
@LeeWalton6 Жыл бұрын
Great video. I started watching your videos last year as a beginner before giving stock and crypto market a trial. I was able to make $17,300 in one month with a capital of $4,000 trading with an experience expert who guided me through out my trading.
@Dukaamoses Жыл бұрын
Hello, I’m 47 and I am not worth much yet , please help me out. Bought my first house last month and I can't seem to make any other smart investment.
@kembusinesssolutionsinc Жыл бұрын
Spot on! Lol
@Nerdificationing Жыл бұрын
A playlist on trusts would.be great
@Tyraelkurt Жыл бұрын
Was there a video made for the remaining 3 options?
@taxnuggetsacademy7553 Жыл бұрын
taxnuggetsacademy.com.au/programs/div-7a-6-myr-strategies?category_id=76080
@subalafendi5373 Жыл бұрын
👍👍👍
@awesomewav2419 Жыл бұрын
Atleast I'm not going to forget that CPE's are not loans
@manishbimani9490 Жыл бұрын
Hi tax nuggets Loved your channel and videos I had a query When div 7a applies to company is it necessary that it should be unfranked dividend only, they cannot issue franked dividend?
@spudster8887 10 ай бұрын
I know this was 4 months ago, but when division 7a applies, it is a statutory rule. Basically, this means that general practice is overwritten when the law applies. So if division 7a triggers, the dividend cannot be franked.
@Milly5288 Жыл бұрын
Great video ❤
@anthonyreed480 Жыл бұрын
Love it how you gave the example of a "pretty boy" gold-digger, as if we don't all know that 99% of the time it's a female digger lol.
@v_DICE_v 11 ай бұрын
And dad staying home to look after the kids lol.
@m0rthaus Жыл бұрын
What a multitude of great ways for rich people to avoid paying into tax to the benefit all of Australia. They take a larger share of the benefits of living in Australia - then hide it. Gee I wonder why Labor wanted to change this imbalanced and selfish system?
@BravoCharlie Жыл бұрын
Great video, thanks
@Hydrnaught Жыл бұрын
Great explanation, I now fully understand how all this works & am grateful advice given was spot on.
@thomascollocott Жыл бұрын
Please keep making more videos like these
@anonanon7278 Жыл бұрын
Great video, except for the mysandry.
@philhatherell3711 Жыл бұрын
That's great. I would like to hear more👍
@markkortink7479 Жыл бұрын
Hi, I would like to know the most tax effective way of setting up a discretionary trust when you have investment assets, property in particular, and want to "move" them under the trust without incurring capital gains or minimising them at least.
@VATemper Жыл бұрын
Is it possible for Trusts in Australia to utilise Insurance policies similar to the Whole Life Insurance policies in the US?
@ShreksSpliff Жыл бұрын
Bless. The comments hear are interesting to say the least. This is the most straight forward example I've seen
@BrunnanG Жыл бұрын
Thank you