Hi guys, I've thought for a while now that a Hybrid Discretionary Trust (HDT) was the way to go for holding my assets as an investor but would like to confirm with the experts here that this is indeed the correct course of action. I am, like most investors, diversified across asset categories. I primarily own units in the Navra fund, but am in the process of starting my Investment Property (IP) procurement programme. At present the units in the fund are in my wife's name as the lower income earner since they're all positively geared (hopefully), and I intended purchasing IPs in my name as the higher income earner to take advantage of the higher tax brackets as these will be negatively geared growth assets. So, should I setup some sort of legal structure to hold my assets? And, if so, what benefits would this afford me over that described above? i.e. Legal protection, tax minimisation etc. If I am to establish a legal structure then which one is best and how should I get it in place without spending more than I need to? I hope this thread will help quite a few fellow investors out there who are contemplating establishing a legal structure to hold their assets. Thanks in advance, Michael.