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That’s an interesting scenario you describe, and I’m curious as to how you would go to prevent it.
I was thinking about transferring ownership of my company and property to a trust within a few years, but from what you describe I guess my best bet would be to do this, but to also move the property into the control of a company controlled by the trust. Is this correct?
Can you point me at any resource to read a bit more on this and other potential pitfalls? I will seek legal and/or accounting advice before I make any decision, but I like to understand things in reasonable detail myself beforehand.