I’m no accountant, but following both the Accountant and Dan’s thinking, you might be able to borrow money to lend to the trust, NOT with the intention of earning a distribution from the trust (because the trust’s income distribution is discretionary), but rather with the intention of earning a rate return a couple of points (or more) higher than you pay and/or it might pay had it borrowed directly elsewhere (the trust might not have been able to borrow elsewhere of its own accord, where you effectively become a 2nd, 3rd or 4th tier lender.)

Just thoughts, but I’m certainly going to ask my accountant about it when he gets back from Xmas.

To Marthamel,

I would also be grateful to get the name of your attorneys for incorporation. I have spent the better part of 4 weeks trying to find the right person and am starting to fret.

MTiA