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Hi Dale, the legal questions I ask myself. If the trust buys back the units at a "nominal" value: 1. Can this transaction be deemed as not being at "market value" and being done only to avoid paying a creditor? 2. Will it be subject to the clawback rules? bbg2003

You need to take a long term view to it all. Only when the trust buys back your units you will achieve the most of the benefits the trust offers. There is no problem with hybrid trusts for "asset protection" with the ATO. Dale's book "Trust magic" is a great way to learn the basics of how...