Hi Everyone, I have a question I am hoping I may get some help on (I've searched the forum but can't find an answer), .. I have a discretionary trust w/ Corporate trustee (NSW). In the context of asset protection, if (as trustee) you wanted the Trust itself to hold shares in an overseas corporation which was an investment vehicle, how would you account for it? o Do you run two balance sheets (i.e. 1 x for the trustee corp and 1 x for the Trust)? and would it be accounted for on both balance sheets? I'd really appreciate any help anyone has to offer on this.