Hi All,
I am aware that a Trust Deed needs to be stamped in the State that the Trust is to operate. But from reading previous threads that doesn't seem to be the case in QLD.
Other than having the Trust signed in QLD by the Settlor and other parties, is there any thing else required to "activate" the trust? Apart from ABN and Bank account.
Also the following link reinforces my thought: http://www.osr.qld.gov.au/practdir/duties/PDDA061-1.pdf
It just doesn't seem official if some govt. agency hasn't seen it!
According to Dale's "Trust Magic" stamping is done so the relevent State Govt can collect stamp duty etc. How does Qld do this?
Thanks in advance.
Nick
I am aware that a Trust Deed needs to be stamped in the State that the Trust is to operate. But from reading previous threads that doesn't seem to be the case in QLD.
Other than having the Trust signed in QLD by the Settlor and other parties, is there any thing else required to "activate" the trust? Apart from ABN and Bank account.
Also the following link reinforces my thought: http://www.osr.qld.gov.au/practdir/duties/PDDA061-1.pdf
It just doesn't seem official if some govt. agency hasn't seen it!
According to Dale's "Trust Magic" stamping is done so the relevent State Govt can collect stamp duty etc. How does Qld do this?
Thanks in advance.
Nick