Do you need to stamp a trust deed in South Australia (SA)?

No. It is no longer necessary to stamp a trust deed in South Australia.

However, people often still stamp the deed as ‘nil’ duty payable. Why?

They do this for a number of reasons, including to act as third party proof of when the trust was first established, and to satisfy third parties that the trust has been properly established, such as banks, share brokers, and other financial institutions (that are often still reluctant to abandon old habits!).

If you’d like to speak to someone about a trust deed, call us on 1300 654 590 or email us.

 

The information contained in this post is current at the date of editing – 27 July 2023.

Our Great Lawyer Guarantee

We want to be part of your team over the long term. We'll achieve this by sticking closely to the following principles:

  • We'll listen carefully to understand what you want to achieve. Then we'll thoroughly explain our advice and step you through the documents. You can be sure you'll know the full consequences.
  • Our lawyers work as a team, so someone will always be available to answer your questions, or point you in the right direction. You will also benefit from a range of perspectives and experience.
  • One of our key goals is to pass on as much knowledge as we can, so you can make your own informed decisions. We want to make you truly independent.
  • We only do what we're good at. You can be confident that we know what we're doing and won't pass on the cost of our learning.
  • For advice and documents, we provide a fixed or capped quote so you don’t take price risk. If you're in a dispute, we'll map out the process and costs so you know what to expect.
  • We're not in this game for our egos. We're in it for a front row seat to witness your success.

We measure our success on how efficiently we have facilitated your objectives, enhanced your relationships, and reduced the level of stress for all involved.

If we sound like people you can work with, call us now on 1300 654 590 and speak directly with a great lawyer.

Should I hold my family home in a trust?

Should I hold my family home in a trust?

It is well understood by savvy property investors that holding investment properties in a trust can offer the benefits of asset protection, estate planning and tax efficiency. The next question is whether these benefits extend to the family home. In other words, is it worth holding your family home in a trust?

read more
Our top legal issues to look out for in 2023

Our top legal issues to look out for in 2023

It feels like an unbelievably short time has passed since we last summarised the top legal issues you would be facing in 2022. As another year zooms into focus you may be curious about what we think has changed since the last time we shared our thoughts. Interested? Read on. 

read more
The simple truth about capital gains

The simple truth about capital gains

Previously, politicians (most recently, the Shorten Opposition) have proposed halving the CGT discount to 25%, or maybe eliminate it completely. Is this a good idea? Andrew Andreyev shares the simple truth

read more