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Don't get too carried away with trying to protect something when you haven't even got something to protect...sure take precautions but don't let it dominate your thinking.

1) Yes and yes. 2) Any Pty Ltd would do but I would question using an old trading company since it may have old debts which can impact future trust activity. A fresh Pty Ltd may be best. 3) No tax issues since the trust prepares a separate tax return to the company itself. For legal issues see...