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Thanks for your concern. I will double check. This financial firm deals mainly with dentists and doctors, all who have a higher chance of being sued. He said most of them put the assets in the non-business person's name as a double safeguard against getting sued (even though the business...

My financial advisor. They do a lot of work for medical practioners and in rare cases, the director can be sued for negligence or if trades/stock are involved, for not paying etc.

So. I spoke to advisor. Even though the company structure would most likely protect, the dircetor can still be sued. Therefore, next loan will be in my name with husband as guarantor.

Thanks Y Man. Always helpful comments from you :)

My financial guy would put me in touch with the appropriate lawyers. He would become the director of the company.

- To have the correct structure early on. - Everyone I know who is big in property investment has a form of trust. - I've read about discretionary trusts. The biggest drawback being that losses are locked away until there are profits to offset them. The biggest positive being you can...

I like to get a basic understanding of things before I speak with the financial advisor (that way I understand the terms, lingo etc). I have done some basic reading on trusts. Hoping you can help me Situation: - We would like to build a decent portfolio. We already have IP1 negatively...