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From what I've been able to find out if the trust is unlikely to get sued from assets it holds (such as liablility limited shares, etc - not property) then a personal trustee is as a safe as a corporate one. The assets in the trust belong to the beneficiaries and not the trustee so how can a...

I saw in another post somewhere that its recommended that you should have a "clean skin" corporate trustee or a company with no previous history anywhere that might cause it to get into trouble. Also from the posts I see, in general a corporate trustee is safer. I guess if its a preference to...

What if the assets of the trust are shares, units, etc (not property) and unlikely to get the trustee sued. Would you need a corporate trustee or does a corporate trustee provide protection in other ways?

To bring this thread back to life, my understanding of a corporate trustee is that it's main benefit is to offer a barrier between an action from something within the assets held by the trust. Eg if a tenant in a house your trust owns slips down the steps and they go to sue the trustee, then...