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  1. Terry_w

    Transfer PPOR to Family trust

    What may appear simple is often not - it is always a good idea to get a valuation done so as to defend yourself against any allegations of under market value transactions - in my opinion. So although not needed it may still be a good idea.
  2. Terry_w

    Transfer PPOR to Family trust

    Also a good idea to use a valuer for asset protection reasons - you want to make sure it is not an under market value transaction. Think of the possible consequences of aiming for a low valuation too.:)
  3. Terry_w

    Transfer PPOR to Family trust

    Yes i agree. It can still provide good asset protection going forward, but must be set up right.
  4. Terry_w

    Transfer PPOR to Family trust

    Not sure what that means. Look at s 37A of the conveyancing act nsw (and equiv in other states) and also ss119-121A of the bankrupcy act. How the transactions are conducted will be important too - movement of money etc.
  5. Terry_w

    Transfer PPOR to Family trust

    Sellers into into a contract with purchaser. Purchaser obtains finance borrows money and pays seller. Title changed. Asset protection will be weakened or increased depending on the steps take and how they are taken.
  6. Terry_w

    Transfer PPOR to Family trust

    Are you aware that the property could still be at risk even if you transfer?
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