Should I Put My Property in a Trust? Weighing up the Pros and Cons
Podcast:Friends That Invest Published On: Mon Sep 04 2023 Description: This week, Sim and Sonya discuss the benefits and drawbacks of creating a trust for asset protection in their podcast. They highlight advantages like privacy, control over assets, and potential tax benefits. However, they also delve into disadvantages such as setup costs, compliance obligations, and reduced freedom over assets within a trust structure.🎓 Join the WaitlistWatch on YouTube.More from Friends That Invest: Stock Market Tea build financial confidence in under 5 minutes a week. Join 140,000+ investors in trainingInstagram | TikTok | X | Facebook Hosted on Acast. See acast.com/privacy for more information.