One asset protection strategy that is often considered is putting your home in a trust.  While this may offer some asset protection benefits, it also comes with significant tax consequences, particularly the loss of the Capital Gains Tax (CGT) principal residence exemption. Before you transfer your most valuable asset into a legal structure such as a company or trust, here’s what you need to know about how family trusts work, when they do and don’t protect your home, and why CGT issues can often outweigh the protection benefits.  What Is a Family Trust and How Does It Offer Asset Protection? [...] READ MORE