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James, I believe that is generally incorrect in the case of the trustee being sued in his role as trustee. See Nigel's comments in this thread. Cheers, GP

By my inexpert understanding only... Yes, I believe all trust assets could be susceptible. That's why many people limit the value of assets in any one trust, using multiple trusts for more assets. From what I've seen, this appears to be a big "maybe" area. I believe directors are usually...

What difference does that make as far as being trustee of a trust goes? Even if the appointer kept you as trustee, can the bankruptcy administrator take over that role and start making distributions? GP

I'm certainly no expert in asset protection, not even close, but I also have a trust where my wife and I are personally trustees, with the intention of never holding real estate in that trust. It's primarily for holding the shares of a family company, but also for other shares, managed funds...