Do Trusts really protect your assets?? Had this discussion recently with a friend, and I am no expert and I do understand that Terry has plenty of threads regarding this. (not yet read them all) However, I think many investors are under the illusion that if you purchase assets in a trust you are protecting your assets, however as a Director you can still be sued, you are still personally liable Many spruikers such as D Boholt promote setting up a trust for each property (cha ching), this is overkill IMO and also will cost a fortune in accounting fees and just adding another layer of complexity. So the only real way to protect your assets is if they are encumbered, in other words you have debt against an asset (bank loan). I know this simple, but I thought this may be worth discussing further. I wonder how many on this forum buy in a Trust??