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	<title>PropertyInvesting.com | ncr99 | Activity</title>
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				<title>ncr99 replied to the topic Family trust (discretionary) with myself (individual) as trustee to buy IP in the forum Legal &#38; Accounting</title>
				<link>https://www.propertyinvesting.com/topic/4409201-family-trust-discretionary-with-myself-individual-as-trustee-to-buy-ip/#post-4689952</link>
				<pubDate>Mon, 22 Apr 2013 08:08:07 +0000</pubDate>

									<content:encoded><![CDATA[<p>In summary the best way to go is the following?</p>
<p>(1)Set a family trust with a corporate trustee</p>
<p>(2) Can I use have my &nbsp;present PTY LTD company (share trader) as a beneficiary (100% owner/director) for distributions? Or should I set another PTY LTD &nbsp;bucket company?</p>
<p>(3) &nbsp;I would like to gift the money to the family trust as I want to retire and&hellip;<span class="activity-read-more" id="activity-read-more-216276"><a href="https://www.propertyinvesting.com/topic/4409201-family-trust-discretionary-with-myself-individual-as-trustee-to-buy-ip/#post-4689952" rel="nofollow">[Read more]</a></span></p>
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				<title>ncr99 replied to the topic Family trust (discretionary) with myself (individual) as trustee to buy IP in the forum Legal &#38; Accounting</title>
				<link>https://www.propertyinvesting.com/topic/4409201-family-trust-discretionary-with-myself-individual-as-trustee-to-buy-ip/#post-4689950</link>
				<pubDate>Mon, 22 Apr 2013 00:17:31 +0000</pubDate>

									<content:encoded><![CDATA[<p>Thank you for your reply , Horitsu Sensei ( I lived in Japan for 17 years)</p>
<p><strong>No, there will be little asset protection in the early years especially</strong>.<br />
&nbsp;What you are saying is that any gifts to my DT are subject to creditors if I am sued personally (not as capacity of trustee) for the first 5 years? Hence that is why a separate trust band is&hellip;<span class="activity-read-more" id="activity-read-more-216275"><a href="https://www.propertyinvesting.com/topic/4409201-family-trust-discretionary-with-myself-individual-as-trustee-to-buy-ip/#post-4689950" rel="nofollow">[Read more]</a></span></p>
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