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Thanks CU. Am I correct in reading this that the agent (a person) can enter the contract on behalf of the principal (with a written agreement) however the principal must provide the deposit monies? My statement in the earlier post relates to a trust that is not in existence at the time of...

Capital preservation Same position and it's not a bad position to be in. Capital preservation is the name of the game for us right now. :) Currently setting up another new trust and corporate trustee to be ready to rock 'n' roll when the right thing comes along especially if it's in Qld...