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  1. Paul@PFI

    Tenant in Common between myself and Unit Trust

    Have you given thought to kids interest held on trust in a DT that has you as trustee ??? I raise this for discussion ... Terry & Co? There is a practical issue that such a transfer cant be stamped in some cases. Asset protection etc ? Maybe some land tax issues in some states.
  2. Paul@PFI

    Tenant in Common between myself and Unit Trust

    Word of warning - Beware of the problem of "merger". You could trigger a much larger tax problem and 100% of the property would be personally owned. This is a very good example of why DIY trust management can fail. Most accountants dont know what merger is and couldnt pick the mistake.
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