As a result of much demand from around Australia, Dale finished his second book, "Trust Magic" early in 2003 and in June/July 2009 Dale has re-written the book as the 5th edition, so that it remains quite current. The book looks at how to use a trust to get the most advantages possible in creating your wealth. There is nothing like it available anywhere else in Australia.
See
here for reviews of this book.
The spiral bound book covers areas such as:
- Introduction (minor updates in 2009)
- Setting The Scene (minor updates in 2009)
This is a basic description of the trust and it's structure.
- Getting Started (minor updates in 2009)
This covers the ABN, TFN, Bank Accounts and Business Name.
- Investing Through A Trust (minor updates in 2009)
How to use your trust for cash, share and property investments
- Borrowing Money (minor updates in 2009)
Borrowing from the bank or from private lenders including what the banks want to see when they lend money to a trust.
- Keeping Score (minor updates in 2009)
Deals with record keeping, maintaining the trust deed and recording your mind set of day to day decisions. Includes check lists and diagrams to help you understand the technical issues involved.
- The Trust Tax Return (minor updates in 2009)
Looks at "after tax advantages" and "Before tax advantages of using your trust to pay as little tax as possible. Includes check lists and diagrams to help you understand the technical issues involved.
- Tax Office Rental Property Questionnaire For Trusts
- Sample Minutes (minor updates in 2009)
Various samples that can be used within your own structure.
- Running A Business (minor updates in 2009)
Looks at the issues involved in using your trust to own and operate a business.
- Hybrid Trusts (Minor updates in 2009)
In this chapter, Dale explains what a Hybrid Trust is, how it is used and why this structure might allow you to have your cake and eat it too when it comes to negative gearing advantages and trust advantages not normally available.
- Magic Tricks (Major updates in 2009 including rewriting the new sub-chapter on cloning your trust & how this can help save tax, protect your assets and provide estate planning benefits; and, removing the sub-chapter on double tax dedutions)
Some of the lesser known but very legal ways that you can use your trust just like the rich and wealthy do to reduce their tax.
- FAQs (minor updates in 2009)
Brief questions and answers commonly asked.
-
Vesting the Trust
An important chapter introduced in 2007 to discuss what happens when a trust's life comes to an end; and, how it can be managed with no real nasty tax consequences.
To place an order of this book in either hard copy or as a PDF (approx. 3mb in size) please click
here.
