💡 Planning a property trust?
What is a property trust?
A trust allows you to transfer property ownership to trustees who manage it for your beneficiaries. This is useful for estate planning, asset protection, and ensuring smooth succession.
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Created during lifetime, takes effect immediately
Property Details
Trust Configuration
Understanding Property Trusts
A property trust is a legal arrangement where property ownership is transferred to trustees who manage it according to the trust deed for the benefit of named beneficiaries.
Key Benefits:
- Asset protection and estate planning
- Avoid probate process
- Provide for minor children or dependents
- Potential tax benefits (consult tax advisor)
Costs include stamp duty (same as property transfer), legal fees, and ongoing trustee management fees.
Estimates are for reference only. Actual costs vary based on trust complexity, property value, and service providers. Consult qualified professionals.