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  1. Piston Broke

    Forget about trusts!

    Maybe i did'nt explain myself, I'll try again. I was'nt refering to any trust activity/loans at all. Only personal assets. To make it clearer, if I were to obtain judgement in my favour against you (or you owed me a considerable amount of money), you'd have two choices: pay up or declare...
  2. Piston Broke

    Forget about trusts!

    Can you please define and explain correctly? This is correct. But if you do what all those "experts" tell you and borrow in your personal name to buy units in a trust, or to lend to a trust, then those units or the loan is an available asset and you may lose it. As are any shares of trustee (or...
  3. Piston Broke

    Forget about trusts!

    I agree anyone confident in their abilities will have no problem accumulating more in whateva entity the may choose. yeap, get out there and do it now! Actually this is the reason trusts actually exist, though you not have intended it this way. But trusts exist in order to give your assets...
  4. Piston Broke

    Forget about trusts!

    lol and how would you know? You bought a fairy tale and now come here to tell us it aint reality? With all due respect, given what you did it don't seem to me your in a position to give "advise" nor advice. But if you wanna share your experience, then I'll happily read it and may learn...
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