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  1. Terry_w

    Transferring ownership

    Then he would have to transfer the property to you. But do geg legal advice as there are issues with stamp duty, estate planning and asset protection - not to mention tax!
  2. Terry_w

    Transferring ownership

    A trust is not a legal entity and cannot own anything. Check the certificate of title. It is the trustee that owns property. Who is the trustee? Dad or a company?
  3. Terry_w

    Transferring ownership

    Who is the legal owner? Any mortgage? Trustee must transfer title. stamp duty probably applies - depending on the state and it would be a CGT event. Seek legal and tax advice before doing anything.
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