Hi, I am trying to formalise a business structure with a colleuge for a small consultancy. We already have various entities created and are trying to figure out the most efficient way to get going with what we have. I understand the "typical" structure for what we are doing would be: * a trust through which we contract to our clients, receive a wage and employ other employees or contractors, * Our respective companies would be the trustees of this entity * Our respective family trusts as the beneficiaries. As we already have a partnership dormant we created in the past, could we use this in lieu of the discretionary trust above? Do we still get the limited liability if the companies are the partners? Can it still distribute to the family trusts, potentially unevenly? Do we introduce other complications if we do it this way?