The overwhelmingly most common form of Trust is the Family Discretionary Trust (Family Trust). These are designed for the family unit to protect their estate.

The chief purpose of a Family Trust is;

1. To protect the family estate against unwanted or unwarranted attack, and

• To bypass the common commercial pirates, who rob the estate of the common folk, that are otherwise unavoidable, thereby protecting the estate including cash and permitting or enabling the opportunity of creating real wealth, and

• To lay the foundation for the (often rapid) generation of wealth, and

• To provide continuity of asset delivery to the next family generation so the estate isn’t disbursed as is commonplace with ordinary families, after the remaining parent passes away, leaving their offspring go to war against one another to recover “their fair share” of the estate, thereby disbursing or squandering the estate in legal and judicial fees and costs. The incoming Trustee assumes an estate that has a sufficient thresh hold to leverage with and generate real wealth during the course of their lifetime, subject to the Trustee learning the proper and correct financial processes and concepts of leverage and compounding, so opportunity can be capitalized upon to enable the generation and accumulation of real life within a single lifetime.

Another reasonably common form of Trust is the Unit Trust. These are used for the same reasons as the above Trust, but are commonly used when a number of associated or non associated individuals or groups of individuals – families get together and collaborate with a purpose in mind.

For example;

1. To purchase a broad acre farm property for the purpose of creating a community of like minded people that each are delegated tasks to enable a smooth operation on the farm so all benefit. These tasks include the growing of food supplies for self sufficiency, clearing of property, conducting works for property improvements, housing, animal husbandry etc etc. The purpose is that many hands make light work so everyone chips in with a nominated number of hours work conducted each which collectively combined couldn’t be done otherwise with just the members of a traditional family. So each member or member family purchase a Unit of shares within the property at a predetermined Unit price and the combined members investment pays for the farm, farm equipment needed and any sundry to make the farm enterprise operational, or

• Members purchase a Unit share or shares in a development project, using the (Non Registered Private) Unit Trust for reasons of commercial advantages that other structures don’t have, or

• Members purchase a Unit share or shares in an “income” (we say cashflow generating) generating business opportunity such as Cryptocurrency trading, where a thresh hold investment sum is required before a trader will accept the deposit of funds, a scenario that might otherwise exclude a single investor from accessing an income opportunity by reason they themselves haven’t the financial resources to access the particular trade program.