Sounds like it is not a partnership.
A unit trust is operating a business and you might each hold units in the unit trust?
You can buy the units...
Time on the bottom one and outstanding loan on the side one.
This sort of graph would apply for someone keeping some extra cash in the offset...
Read this section
SOCIAL SECURITY ACT 1991 - SECT 1207V Controlled private trusts
The Dutch East India Company, wow - its a great story, its history etc.
See s1207 Social Security act and following sections
SOCIAL SECURITY ACT 1991 - SECT 1207 Simplified outline
Note that it seems Centrelink do not...
See this thread that i just made on propertychat
Loan Tip: Redraw on a PI Loan
Had some formatting issues
1. No as the loan will amortise over 30 years to the 'limit' will constantly decreasing over time. Th above diagram...
Foreign companies could be used, but the would need to be registered with ASIC they also need a resident director and office here.
If you are...
If you lend money to a trustee which purchases assets there is still asset protection because any growth in those assets would not belong to you,...
Also comes down to when you start too. Some people get their first pay check and save 80% from day 1. Those smart people could potentially retire...
I should point out that was a joke.
A tax agent or tax lawyer would be licensed.
55 is earlier than most people retire so it is no small effort!
Yes he should seek legal advice.
The gifting strategy before death is probably the safest, depending how long before it is. By safest, mean it...
Is that early!?
To access super you need to meet a 'condition of release' - generally 60 years of age or more.
Yes duty would be payable if transferred before death, but not if passed via the will.
Transferring before death won't necessarily mean his lost...
1. basically yes - but often the minimum split is $20k
3 yes, but consider part iva
I wouldn't be incurring LMI on the loan if I...
For loan structuring you need a broker and someone who can advise on tax - a tax lawyer or tax agent.
For what to invest in, this is financial...
Separate names with a comma.