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hi im louisa siddivat a liquidator and bankruptcy trustee todays work from home because our office is being renovated question is if im going through bankruptcy can i be a trustee of a trust what happens to the trust assets during my bankruptcy and can that trust run a business that i work for during my bankruptcy so this question has three parts to it firstly yes somebody can be trustee of a trust while they are an undischarged bankrupt something as a side note is that person that trusts that whole setup i highly recommend that its very clearly documented before its entered into what that setup is this is because while somebody is going through bankruptcy their asset assets in their name assets they own assets they have a beneficial interest in will generally vest in the trustee in bankruptcy that means they will come under the control of the bankruptcy trustee and form part of the bankrupt estate now there are some minor exceptions which ive dealt with in separate videos but t
