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Hi y-man. Yes I was referring to asset protection from things happening outside of the trust. Terry, you've given me some things to think about. Will mull it over tonight :)

Ok, I think im missing something here. Everyone keeps touting asset protection as one of the major benefits of discretionary trusts but I dont see it. I'll use the purchase of a commercial property as an example as it is cashflow positive in order to illustrate my lack of understanding. To...