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  1. geoffw

    Should I put in a Trust or not

    And possibly worse. 18yo gets a job at Subway, working 15 hours pw. So as a result of your trusts' distributions- not only does not receive the income, but her income tax liability rises as a result of your distribution.
  2. geoffw

    Should I put in a Trust or not

    I don't know- your local friendly accountant could tell you. (I don't have an HDT, my last property purchase was a few years ago before I knew about them- and this property is OK in a family trust). There are ongoing fees as well as establishment fees.
  3. geoffw

    Should I put in a Trust or not

    That's my understanding Also that's my understanding. Do a search in the forum. And look at Dale's "Trust Magic" book. What else could I say but forumite and very valued contributor Dale
  4. geoffw

    Should I put in a Trust or not

    Yep. EXpensive. You'll have to pay stamp duty; if it wasn'y a PPOR, CGT may also have to be paid.
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