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Hi, If your trust stated beneficiaries are your wife & children. Will that mean your de facto partner is 'wife' under this term too OR the trust must say 'including de facto' partner ? Our trust does not mentioned 'de facto' so does it means we need it to be amended it ? thanks

https://www.osr.qld.gov.au/duties/transfer-duty/exemptions-and-concessions/trust-exemptions.shtml Can anyone clarify this point for transfer duty in Qld please. We got 3 properties in 1 trust & looking to transfer 1 to own name (the partner of the trustee) if I understand it right under...

Hi all, I am looking for new insurance company to cover my investment properties. Landlord & building covers. From experience there will be no problems until one make claims with these companies. So only want to hear from those who had actually made a claim with the recommended company...

Hi there, I have a landlord policy with CGU. Property is in Qld. Last mth my tenant done a runner & naturally there were a few damages. Many Holes on walls, carpet badly stained in main bedroom & lounge (does not look like it can be clean), dog poos all over rooms, rumpus & deck, yard is...

Hello, A recently purchased property was leased out 3 mths ago. The lease was in the father's & mother's name. I went along with the PM to do the first 3mthly inspection to find out the following :- 1. Son live at premises with girlfriend & no parents in sight. 2. Dog live in house...

Hi all, Have got about 6 quotes for Exterra termite baiting system now. NATIONWIDE is the cheapest at $1584 with a special deal of 2 for the price of 1. So this price includes monitoring & general insect spray for 2 yrs. Sound too good to believe. Other quotes were $2000 to $3000 for...

Hi all, Does anyone have a IP loan with bank of adelaide ? I recently got my first IP loan with them. When i signed the loan contract i requested for my repayments to be weekly but they set it up as monthly. So i rang & spoke to customer service requesting them to change it to weekly...

Hi all, Has anyone use the Exterra technique to protect their IP from termites ? and how much would the whole process cost ? Also would like to know if anyone has effective ways that they have use previously. I got 2 quotes so far & one is $650, the other $3000. Seem like difference is...

Hello, Could anyone please explain where they (the bank or whoever)keep a copy of my trust deed and who will have a copy of my trust deed afterall ? When i apply for loans under a trust structure the bank required to see the deed but what happens to it once it has been sighted & copied ...

Hi All, I had a look at the sample of a hdt at www.macquariegs.com.au and i had also subscribed to chris batten website & watched his video on hybrid discretionary trust (HDT) setup. What i am confused about (and hope you could clarify) is that people on the forum mentioned that the sample...

Hi All, I am 'still' in the process of setting up my hybrid discretionary trust (hdt) and feel that it's still not what it is supposed to be. The story is i got my accountant to set up a hdt for me & he refers me to a solicitor of his choice....'not the cheapest but do a good job', so he...

Hi All, I overheard a conversation that one could borrow money at wholesale interest rate of 3% but you have to repay the loan (at least 1Mil) in 10years ! If possible i would like to know how. thanks

Hi all, Could someone please advise how hard/easy to change trustee for a discretionary family trust ? From a bank point of view & govt point of view i guess. From how i understand trust, eg. if my husband is the trustee now then bank will base all lending on his income & serviceability so...