Hi all,
So I am about to purchase a house and want to put it into a trust to protect from any unscrupulous future potential partners....(for want of a better defining term).
For this purpose can I be the sole trustee/signatory (if that's the correct term) or do I need another person as part of the trust as a signatory only.
My accountant who is setting it up for me and has set up numerous others has told me I need one although I think she is coming from the view of there is someone else who needs to sign things off in case I go mad or insane.
I was going to ask something else but forgotten already so will add to the thread when I remember...
Cheers
So I am about to purchase a house and want to put it into a trust to protect from any unscrupulous future potential partners....(for want of a better defining term).
For this purpose can I be the sole trustee/signatory (if that's the correct term) or do I need another person as part of the trust as a signatory only.
My accountant who is setting it up for me and has set up numerous others has told me I need one although I think she is coming from the view of there is someone else who needs to sign things off in case I go mad or insane.
I was going to ask something else but forgotten already so will add to the thread when I remember...
Cheers
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