Discretionary Trusts- Alert
Published 11/24/2020 in Drake & Associates
If you have a Discretionary Trust that either currently holds real property or intends to purchase real property in the future, you need to ensure the Trust Deed specifically excludes foreign persons from being a beneficiary under the Trust Deed. Failure to do so will incur a 2% surcharge on land tax in New South Wales, and an 8% surcharge on property purchased in New more ❯
4 Reasons Why You Need A Local Conveyancer
Published 11/24/2020 in Affordable Conveyancing Services
A conveyancer specialises on the legal aspects of buying and selling real estate property. According to research, around 12,000 businesses undertake conveyancing work in Australia. Between 2016 and 2017, 1.5 million conveyancing transactions were completed across Australia. New SouthWales, Victoria, and Queensland recorded the majority of these transactions. Whether or not you are more ❯