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Hi Terry, thanks for that info. So what would you recommend for someone in that situation? Sole appointor, sole director and shareholder of Pty Ltd Co, sole beneficiary. Are the assets really protected?

Just remember that by owning the units in a Unit Trust you have entitlement to the whole or portion of the assets in the trust. Meaning if anyone comes after you they can attack what you are entitled to = your portion of the assets. Where with a discretionary trust you as an individual can be...

Hi all I have had many endless readings and discussions with friends over this topic and would love to get everyone's opinion on the matter: Discretionary Trusts for single people: How to best set up IP ownership in a DT when it is just you, solo, single, no brothers, sisters, wifes, kids...