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?
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
Is there any CGT or stamp duty when a joint tenant transfers their interest to the other joint tenant?
Yes. Duty of $500 is payable on the deed that establishes a family discretionary trust (and other forms of trusts).
No. It is no longer necessary to stamp a trust deed in South Australia.
