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    Family Trusts

    Hi James! Good to see ya here too. (albeit a bit embarrassed) :D I am still a bit confused regarding how liable the trust/trustee is when sued by say a tenant. As posted by NigelW in an earlier post: "2) In your position as a landlord, if someone is injured in connection with one of...
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    Family Trusts

    Thanks GP for the reply. That has been my suspicion all this time. Yet it appears that most posts on the forum are more concerned about protecting any PPOR or IP in personal name but not as worried about having numerous IP within a trust. I often see lots of worry regarding one single PPOR...
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    Family Trusts

    I have just started to look into all this asset protection arrangement and am I confused! :confused: To my understanding, if I set up a trust for my IP: -If I am sued personally, the asset in my trust including the IP's would be protected. -If the trust is sued and I have a company set up...
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