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I haven't seen anyonne lose control of a trust. The biggest risk in this regard is death and the passing of control away from the appointors children to that of another family member who is also a beneficiary. Risks of going bankrupt are very low for non-business running paye types. But the...

This happens all the time with trusts. People put assets in trusts thinking they are safe from bankruptcy, but forget that control of a trust is only temporary.

This happens. The trustee in bankruptcy will argue one spouse owns the property 50% as trustee for the other - even though no formal trust agreement exists.

Hey that is that asset protection - or are you protectinng your assets from excess duties and taxes? I haven't looked at the NSW budget yet, but they probably just changed the rules today.

If you want an option that cannot be contested then not give the kids anything. Loaning money is a good option but what about the equity growth? A commercial loan agreement should be entered into as well - best to get the spouse to be a party to the agreement too so you can later sue them if...

China, you definition of 'older' shocks me. I need to devote a chapter to that itself. My chapter on family law issues is entitled "Chastity Protection Trusts"

I am doing some research on the topic for asset protection for a book I am writing (planning several different books on various topics). I have been making a list of asset protections strategies and am up to 129 so far. can I ask people is there anything in particular you want to know about...