From: Ian Findlay
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Hi All,
Its been suggested that I consider selling our current home to a =discretionary trust and use the proceeds to purchase another property =rather than selling the property on the open market. Well its slightly =more complex but don't want to give too many details.
Can you kind forum folks outline any pros and cons of this approach =and/or experiences of using trusts. I am aware that there will be some =start up fees involved as well as stamp duty etc.
Thanks again,
Ian
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Hi All,
Its been suggested that I =considerselling our
current hometo a discretionary =trust and
use the proceeds to purchase another property rather than selling the =property
on the open market. Well its slightly more complex but don't want to =give too
many details.
Can you kind forum folks outline any =pros and cons
of this approach and/or experiences of using trusts. I am aware that =there will
be some start up fees involved as well as stamp duty etc.
Thanks again,
Ian
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This is a multi-part message in MIME format.
------=_NextPart_000_0048_01C1C496.510C8CC0
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
Hi All,
Its been suggested that I consider selling our current home to a =discretionary trust and use the proceeds to purchase another property =rather than selling the property on the open market. Well its slightly =more complex but don't want to give too many details.
Can you kind forum folks outline any pros and cons of this approach =and/or experiences of using trusts. I am aware that there will be some =start up fees involved as well as stamp duty etc.
Thanks again,
Ian
------=_NextPart_000_0048_01C1C496.510C8CC0
Content-Type: text/html;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
Hi All,
Its been suggested that I =considerselling our
current hometo a discretionary =trust and
use the proceeds to purchase another property rather than selling the =property
on the open market. Well its slightly more complex but don't want to =give too
many details.
Can you kind forum folks outline any =pros and cons
of this approach and/or experiences of using trusts. I am aware that =there will
be some start up fees involved as well as stamp duty etc.
Thanks again,
Ian
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