We have several registered trusts which are managed by a corporate trustee.
One of the Trusts owns a property in NSW, the title of the property is recorded under the corporate trustee’s name as you cannot register property under a trust. But what we did filed a Caveat on the property, and the trust is attached to the Caveat. This was done over 10 years ago. Is this enough projection from the Trustee's (the companies) creditors?
My second questions are relation to floating liquid assets like stock portfolio,. We declared them as assets by the notation and amendment in the trust, and recorded at a general meeting with both the Trustee’s directors and Trust owners. Can you please advise if this is enough protection.
One of the Trusts owns a property in NSW, the title of the property is recorded under the corporate trustee’s name as you cannot register property under a trust. But what we did filed a Caveat on the property, and the trust is attached to the Caveat. This was done over 10 years ago. Is this enough projection from the Trustee's (the companies) creditors?
My second questions are relation to floating liquid assets like stock portfolio,. We declared them as assets by the notation and amendment in the trust, and recorded at a general meeting with both the Trustee’s directors and Trust owners. Can you please advise if this is enough protection.
