Join our investing community

Trust Deeds for DT

Discussion in 'Accounting, Tax & Legal' started by Triu, 19th Jan, 2007.

  1. Triu

    Triu Well-Known Member

    Joined:
    1st Sep, 2006
    Posts:
    161
    Location:
    WA
    Hi has anyone use or had trust deed for a HDT drawn up by Dale Gatherum-goss Accountants. I am reading that he is very good in understand Trusts etc.


    Can anyone tell me what questions i should be asking and should i have a lawyer look at the Deed also or should i just trust the deed that has been prepared for me.

    any thoughts?
     
  2. Nigel Ward

    Nigel Ward Team InvestEd

    Joined:
    10th Jun, 2005
    Posts:
    1,172
    Dale is certainly a very knowledgeable accountant (and a top bloke!). However, the HDT is a legal document and should be prepared by a lawyer.

    Having said that most accountants (and I presume Dale too) source documents from a couple of providers. Nick has a good source, PM him for details. Alternatively you could buy one off the shelf from LawCentral . Brett Davies is a very knowledgeable tax lawyer whose firm prepared their HDT.

    Cheers
    N.
     
    Last edited by a moderator: 19th Jan, 2007
  3. NickM

    NickM Co-founder Staff Member

    Joined:
    20th Jun, 2005
    Posts:
    321
    Location:
    Sydney
    Triu
    Dale is on the ball and a true expert when it come to both trusts and tax. Dale & I both use Macquarie Group Services for our HDTS. They are drafted by Chris Batten and approved by Counsel.
    The lawyer puts togther the deed but the Accountant needs to understand how it works.
     
  4. Triu

    Triu Well-Known Member

    Joined:
    1st Sep, 2006
    Posts:
    161
    Location:
    WA
    Thanks for that Nick. It is great to get straight answers in this forum.

    thanks again.