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Aug 6th, 2022
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How to SMS Deed Of Trust

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- Hey everyone, my name is Paul Vojchehoske and welcome to the Real Estate Classroom YouTube channel. Before we get started, please do me a favor. Give this video a thumbs up, hit that red subscribe button and click on the notification bell. In todays video were gonna discuss whats called a deed of trust, or sometimes called a trust deed, depending on what part of the country youre operating in. Now, I did a previous video on, excuse me, the promissory note and a mortgage. A promissory note, the mortgage, and a deed of trust all kinda go hand in hand together. So if you have not watched that video yet, I highly recommend that you go watch that video first, then come back to this one. That will make this video make so much more sense. And Im gonna put a link right up here in the upper right hand corner of your screen to that video. So thats my recommendation. All right, so are you ready? Lets talk about deeds of trust in this video. (upbeat music) So what is a deed of trust? Wel

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A super fund is a special type of trust, set up and maintained for the sole purpose of providing retirement benefits to its members (the beneficiaries).
There are two SMSF trustee structures, one where the trustees work in their individual capacity and another where a company is appointed as the trustee. In both cases, its the members who run the fund and as a general rule, all members are either trustees themselves or directors of the corporate trustee.
In a super fund, the board of trustees (or directors) is the trustee of the trust and holds legal title and ownership of the funds assets on behalf of the members. At all times, however, the beneficial interests of the funds assets including the income and capital belong to the funds members.
There must be 2 trustees. One trustee must be a fund member. If the fund member is an employee of the other trustee, the fund member and the other trustee must be relatives.
A self managed super fund (SMSF) is a special type of trust created and managed in ance with superannuation legislation. It therefore requires an SMSF trustee to control and make decisions for the fund and ensure it complies with the super rules.
The disadvantages of protected trust deeds are: paying regular contributions you will have to pay contributions towards your debts for at least 4 years. credit rating having a trust deed will affect your credit rating for 6 years from the date the trust deed begins.
People or a company appointed to manage a super fund on your behalf.
An SMSF is a type of trust. A trust requires trustees, assets and beneficiaries. A trust deed sets out the rules for establishing and operating the fund.

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