There is no mortgage and paying stamp duty would be fine. It is the family home so no income is being produced, how does a family trust work?
Regards,
Dianne
Registered User
There is no mortgage and paying stamp duty would be fine. It is the family home so no income is being produced, how does a family trust work?
Regards,
Dianne
Registered User
You will need to speak to both a solicitor and an accountant as to setting up and managing a family trust.
How they run will be specific to your individual situation and you will need to get proper advice.
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