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  1. G

    Protecting assets held in own name

    the best case ever of asset protection through trusts was alan bond - bankrupt owing millions and millions ;went to jail etc - but had all his property tied up in trust - look at him he is laughing read about his structure in fin review a while ago
  2. G

    Protecting assets held in own name

    yes i now have sold my investment properties in my own name and rebought in a trust structure and gone to cash flow positive too - my own house though is not protected fully yet - i did not think you had to roll out of a second mortgage to refinance as the value increases (meaning in my example...
  3. G

    Protecting assets held in own name

    it has nothing to do with borrowing - it is a claim on the property. say you have a 500k property and you borrowed from westpac 400k for it they have first mortgage on property to secure their 400k. so you have 100k of asset in the property - which is at risk if you ever get sued for anything...
  4. G

    Protecting assets held in own name

    how about you just put a second mortgage over the property for more than it is worth (if you have a company) - no one can get it then
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