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In a normal Discretionary trust deed the trustee is indemnified out of the trusts assets. If someone is using a corporate trustee, wouldn't the assets be better protected more by not having the trustee indemnified. So if the trustee is sued, you appoint a new trustee and leave the old trustee...

I've been reading the Chris Batten web site, he recommends that rather than the normal hybrid trust setup he says the most flexible setup is a double trust where you have a Unit Trust with a Hybrid Discretionary Trust holding all the units in the unit trust. This isn't mentioned in his...