Private Trust Structuring
Hello Everyone, Iv recently found this space and im now considering putting some of my assets into private trust. I have 4 businesses, 2 of which have business partners that might not be as open to the idea of putting business assets into trust. 1 of these ltd companies holds mortgaged property. I also hold personal (mortgaged) properties that I would like to put into trust (equity portion). Q1. One of the businesses holds some crypto on its balance sheet. My plan is to put this into private trust, does anyone know what the correct way to structure it would be? Can the company transfer direct? Q2. Would there be any repercussions for my other joint venture businesses if say the authorities started asking questions about my private trust assets? Q3. Is there a rule of thumb as to what assets generally get put into trust, is it an all or nothing type scenario or does it make sense to allow certain assets to continue as they are outside of my private trust? eg : businesses that operate with partners Q4. Can you put personal or joint bank accounts into trust? Hopefully this can provide some context for others as well. Thanks