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pfff well I'll be. That's truly dreadful. How do they even know what capacity the land is held in is the next question?

amongst all this, protection in bankruptcy is one of the most difficult to achieve. Think very carefully about who you want to have as shareholders and appointers for the trust.

just to clarify, I presume you mean a vanilla flavoured structure whereby you have a corporate trustee, DT beneath where the assets are held, then individual and corporate beneficiaries?

well I thought I had so I did originally re-read it. Having re-read I am no wiser. Presumably there is something in the grouping provisions of DTs in NSW that is less favourable than for companies (difficult to see but who knows), otherwise I can't see why you wouldn't just interpose the DT as...

look up what, the difference between a company and a company :confused:

at law no, but usually guarantees will be in place which could make it practically difficult. However litigation takes many years, most developments will be over and done with by then

I can't see it assisting. a company and a bucket are what they are, regardless of whether there is an interposed trust?

how could this inflexible set up beat using a bucket company? I can't see anything here to suggest moving away from the tried and trusted way.... corp trustee, disc trust, bucket company and an array of individuals.