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  1. Terry_w

    title under wifes name, joint bank application

    No I only do NSW and I try not to do much of that as it is not an area that I wish to focus on. Now I am concentrating on structures, asset protection and estate planning from a legal and financial planning point of view.
  2. Terry_w

    title under wifes name, joint bank application

    Yes that could be possible because the trust passes income through to the beneficiaries and the income retains its character.
  3. Terry_w

    title under wifes name, joint bank application

    Renminbi 1. You should be no better or worse off in the immediate future but would better off in the long run as you could employ some strategies you otherwise couldn't. 2. If you own units in a unit trust you would get income from the trust and other income losses could offset this trust...
  4. Terry_w

    title under wifes name, joint bank application

    youmight have grounds to sue your mortgage broker. If the trust is just a unit trust then it may not qualify for a land tax threshold in NSW. It must be a fixed trust with the beneficiary absolute entitled to both income and capital. There would also be stamp duty and CGT on the transfer of...
  5. Terry_w

    title under wifes name, joint bank application

    1. Depends if you have a will or not. If no will it will depend how many spouses you have, children from other relationships etc. No CGT on passing to the executor or to a beneficiary. 2. Yes and yes..
  6. Terry_w

    title under wifes name, joint bank application

    1. Yes. But only she could claim any costs such as interest 2. no 3. a. no b. not if your wife was unit holder.
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