Today, I've got my good friend Ashwin Ramdas, from Eventum Consulting on the show. He's an accounting expert, and we're going to deep dive into the power of entities and structures and how they could be harnessed for your wealth creation. 

The thing I love about Ashwin is that he genuinely cares about the overall purpose and the plan, rather than just selling a client on complicated structures if they won't actually provide an overall benefit. 

In this episode, we're going to run through the benefits of various entities and structures that are available, discuss some drawbacks and negatives to consider, and explore whether this could be something that helps with your overall investing goals. 

So, let's dive right in.

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Episode Highlights:

1. Intro [00:00]
2. What is a Trust and How Does It Work? [02:17]
3. Advantages of Using an Entity [05:02]
4. How to Set Up a Tax Structure [10:52]
5. Tax Benefits and Advantages of a Family Trust [12:46]
6. What is a Unit Trust? [17:06]
7. How to Reduce Your Tax Bill? [20:00]
8. What is the Cost of the Business? [23:02]
9. Asset Protection Benefits [28:27]
10. Outro [34:01]

Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.

About the guest:

Ashwin Ramdas is the Owner and Managing Director of Eventum Consulting, a multidisciplinary firm in Como, Western Australia, founded in 2011 as a tax advisory business and now offering a comprehensive range of financial services including finance, succession planning, and tax support. With a keen passion for technology as a catalyst for sustainable business growth, Ashwin established InnovateHQ in 2016 to provide tailored technological solutions to clients, showcasing his commitment to innovation and client success.

Connect with Ashwin:

• Eventum Consulting Website: https://eventum.com.au/
• LinkedIn: https://www.linkedin.com/in/ashwin-ramdas-72442919/

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