If I had all my properties under one trust. And one of the tenants falls and hurts themselves and I am found negligent. Will all those properties then be deemed at risk as they are all in the same trust??.
Does this mean one trust per house so the most you can lose is one IP??.Yes, they could be at risk. Having one house per trust would be a good idea, but it would greatly increase costs etc. I suppose it depends on how expensive your houses are.
Terryw
Discover Home Loans
Mortgage Broker
North Sydney
[email protected]Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
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