From: See Change
Several members have proposed the use of Trust set ups as ways of "protecting" your assets, but as the "loan risk analysis " post points , as directors you are required to sign personal guarantees when borrowing money in relation to companies.
This has been my experience when ever I have signed any financial documents in relation to my companies.
Trusts can provide protection in some circumstances from litiganous third parties but is this their main benefit in "protecting" your assets.
Is a trust where you place you unencumbered properties ?
Happy investing see change
Several members have proposed the use of Trust set ups as ways of "protecting" your assets, but as the "loan risk analysis " post points , as directors you are required to sign personal guarantees when borrowing money in relation to companies.
This has been my experience when ever I have signed any financial documents in relation to my companies.
Trusts can provide protection in some circumstances from litiganous third parties but is this their main benefit in "protecting" your assets.
Is a trust where you place you unencumbered properties ?
Happy investing see change
Last edited by a moderator: