Reportedly, trusts are beneficial for asset protection: assets in the trust aren't at risk if the beneficiary goes bankrupt, for example (don't quote me, that part is really just for context). But does it go the other way? Say I have a property in the SMSF, and in the worst case something tragic happens and the fund is sued (if that's even possible). Does the liability stop with the fund, or is it possible that someone (the courts?) could force the assets of the beneficiaries outside of the trust to be used to pay off any liability? Badly worded question, probably, but I hope it's clear nonetheless.