Can I buy a property in a Family Trust!

แชร์
ฝัง
  • เผยแพร่เมื่อ 31 ก.ค. 2024
  • This webinar will explain a Family Trust in relation to buying a property.
    1. What is a Family Trust?
    2. Advantages & disadvantages of having a trust?
    3. How it will reduce your tax bills.
    4. Tax Free Threshold for land tax.
    5. Capital gains and other fees.
    PLUS MORE
    Any questions, please email info@twelve.com.au or visit our website www.twelve.com.au.
    Make sure you subscribe to received notifications of our latest recordings.

ความคิดเห็น • 58

  • @5uperN0v4
    @5uperN0v4 6 หลายเดือนก่อน +2

    Really appreciated this tutorial! Thank you, Derek .

  • @rayabocian4685
    @rayabocian4685 5 หลายเดือนก่อน +2

    Excellent video .thank you for sharing!

  • @Warlowisnumberone
    @Warlowisnumberone 5 หลายเดือนก่อน +2

    Finally I've started to understand trusts! Thank you!

    • @TwelveAccounting
      @TwelveAccounting  5 หลายเดือนก่อน

      Great to hear!

    • @JudgeCommitee-ck5wq
      @JudgeCommitee-ck5wq 27 วันที่ผ่านมา

      We started understanding them 33!years ago and still learning you need a forgery proof Prebate Probate Arbiter Trust Advisor same as NICER Authorized Forgery Proof Administration Lawyer to avoid the Estate Plan crime and 25% Litigation. Estate planners promise peace of mind and deliver inheritance and legacy wealth transfer thieves. Try Empire College School of Law grads in California or Virginia University Grads in September for. Prebate Nickel or Probate Dime and avoid the Estate Plan Trust forgers and Quarter Litigation.

  • @timagination1295
    @timagination1295 2 ปีที่แล้ว +3

    This is deeply educational...by far the best video on trust that I have seen

  • @jamesgalloway5807
    @jamesgalloway5807 9 วันที่ผ่านมา +1

    Great video - thanks. BUT isn’t ATO now scrutinizing the actually distributions to beneficiaries to ensure they actually receive and use the funds and the distributions aren’t simply to avoid/reduce tax. Therefore unless you actually want to gift the money to the beneficiaries - this may not work under scrutiny from the ATO especially under an Audit.

  • @MissTzone
    @MissTzone 2 ปีที่แล้ว +4

    Thanks, Dereck! You're an excellent teacher. I'm going to watch all your videos to learn more. Thanks again!

  • @rabinrai5203
    @rabinrai5203 ปีที่แล้ว +1

    thanks for the lesson, however 56:20 I think lenders now accept the trustee as the guarantors and can use their PAYG or self employed income + rental income from trusts for servicing. of cos, the mortgages in the trust have to be added as liabilities in servicing as well.

  • @chrisandrews253
    @chrisandrews253 2 ปีที่แล้ว

    This is very easy to understand. You are speaking slowly and explaining it several ways with examples which makes it much more easy to understand

  • @MsCarameliscious
    @MsCarameliscious 3 ปีที่แล้ว +1

    Such a helpful and informative video! Thanks Derek!

  • @zacnat12
    @zacnat12 2 ปีที่แล้ว +2

    First time listener; great video, provided great clear information to 90% of my questions.

  • @tantuyetnhiphan6910
    @tantuyetnhiphan6910 3 ปีที่แล้ว +1

    Thanks Derek this is gold

  • @scarlettnguyen9627
    @scarlettnguyen9627 3 ปีที่แล้ว +1

    Love your content!! Thank you so much

  • @john316loveministry5
    @john316loveministry5 9 หลายเดือนก่อน +1

    Many thanks for your insight into Family Trusts.

  • @Desperate4changing
    @Desperate4changing 3 ปีที่แล้ว +1

    Keep them coming Mr Nolan!

  • @payitforwardamen8630
    @payitforwardamen8630 3 ปีที่แล้ว +1

    Thankyou I am learning great information from you. Absolutely amazing

  • @sizwemdakane506
    @sizwemdakane506 3 ปีที่แล้ว +2

    Thank you. This was very helpful 🙌🏼

  • @jeffdominic1453
    @jeffdominic1453 2 ปีที่แล้ว

    Excellent webinar. Thank you 👏👏

  • @tissamanatunga1960
    @tissamanatunga1960 2 ปีที่แล้ว

    Thank you. A very good webinar.

  • @ChrisTanCEO
    @ChrisTanCEO 2 ปีที่แล้ว

    best lesson on family trust I've seen on youtube!

  • @anthonysciano5000
    @anthonysciano5000 ปีที่แล้ว

    Great video, very informative. Thanks Derek.

  • @jawanorganicfarms
    @jawanorganicfarms 3 หลายเดือนก่อน +1

    Brilliant thank you very well explained I’ll call ASAP! 😅

  • @bakso1
    @bakso1 2 ปีที่แล้ว

    Best video on Property under family trusts. All the info with great detail. The last bit about borrowing to buy under a family trust has got me thinking… can anyone share their experience with this.

  • @nellypolly6639
    @nellypolly6639 4 หลายเดือนก่อน

    Thank you for educating me. I learned a lot!

  • @RJ-je8nj
    @RJ-je8nj 3 ปีที่แล้ว +1

    Master !!! Thank you...

  • @samgorgey2207
    @samgorgey2207 2 ปีที่แล้ว

    Thanks Derek, you're a great teacher !

  • @rubenk1414
    @rubenk1414 10 หลายเดือนก่อน +1

    So very well explained thank you sir

  • @sidesplitters
    @sidesplitters ปีที่แล้ว

    Great work. Thank you!

  • @aden1990
    @aden1990 3 ปีที่แล้ว

    This was great, thanks.

  • @LucasCorrotoFilms
    @LucasCorrotoFilms 2 ปีที่แล้ว

    Excellent video!

  • @febrimelyfebrimely8830
    @febrimelyfebrimely8830 2 ปีที่แล้ว

    Thanks a lot for the video, GBU

  • @clinicallrehab4007
    @clinicallrehab4007 2 ปีที่แล้ว

    This is excellent

  • @sxrpmoon5456
    @sxrpmoon5456 2 ปีที่แล้ว

    Great thanks

  • @jeganmohanbaktha2886
    @jeganmohanbaktha2886 3 ปีที่แล้ว

    Thank you

  • @elizabethofamooni8191
    @elizabethofamooni8191 2 ปีที่แล้ว

    Great info

  • @dnhwy9455
    @dnhwy9455 3 ปีที่แล้ว

    Thanks a lot. Are you working for client from QLD?

  • @youngfamilyvibes
    @youngfamilyvibes หลายเดือนก่อน

    How can we make our home from personal to company owned with a family trust?

    • @JudgeCommitee-ck5wq
      @JudgeCommitee-ck5wq 27 วันที่ผ่านมา

      Ask a Notary Index Crime Enforcement Registry Empire College School of Law or West Virginia University Law Grad in September. Approved for the Forgery Proof Administration Lawyer to avoid the Estate Plan crime. The estate plan Trust is broken, ask Alexa Katz and New Law Model Ali Shanty and you’ll get the same answer. Inheritance thieves use the Estate Plan Trust to victimize Grantors and steal Grantees Legacies.

  • @organizer14
    @organizer14 10 หลายเดือนก่อน

    Please state which are grantor revocable trust versus irrevocable trust. This is in USA. Are you talking about us Irs law?

    • @TwelveAccounting
      @TwelveAccounting  5 หลายเดือนก่อน

      sorry mate, i'm talking about Australian Tax Law. derek

  • @alaskaraya3724
    @alaskaraya3724 2 ปีที่แล้ว

    How about if buying property in SMSF? Derek Thanks

    • @TwelveAccounting
      @TwelveAccounting  2 ปีที่แล้ว

      i am doing a video on SMSF this month. derek

  • @subas1232
    @subas1232 3 ปีที่แล้ว

    Can a trustee be a principal beneficiary or a beneficiary?

    • @derekcraignolan
      @derekcraignolan 3 ปีที่แล้ว +1

      yes they can, in many family trusts this is the case. derek

  • @majbakous8878
    @majbakous8878 3 ปีที่แล้ว +1

    Can I sell a property in a Family Trust & purchase another one under the same family trust in the same financial year? what would be happen with the profit for the sold property?

    • @derekcraignolan
      @derekcraignolan 3 ปีที่แล้ว +1

      the property sold would be treated as a disposal and if a gain is made the profit will need to be distributed and tax paid. Buying another property won't reduce the gain on the first unless you sell the second property in the same year for a loss.

    • @lorisrambo4605
      @lorisrambo4605 3 ปีที่แล้ว

      @@derekcraignolan cut

    • @lorisrambo4605
      @lorisrambo4605 3 ปีที่แล้ว

      Cancel, question is being answered thanks

  • @jbajaacabezas
    @jbajaacabezas 3 ปีที่แล้ว

    you are my menthor

  • @iEATiDRINKiPLAY
    @iEATiDRINKiPLAY 2 ปีที่แล้ว +2

    The whole video I be like “ YES, YES, YEEESS!!!!”
    Then the land tax bit at the end… I be
    like “ 😔 “
    At least I get to look forward to 💉💉= 🏝

  • @johntak1187
    @johntak1187 3 ปีที่แล้ว

    Great video, however isn't land tax rate for NSW 1.6% + $100 above the threshold for individuals, not 2%. Also in the gift portion, why would you gift it to your wife? Aren't you best to draft up a gift & loan agreement directly to your corporate trustee? Also if the director dies & is replaced by another director, double stamp duty should not take into affect as the name on the title deed has remained the same.

  • @penrhynlifetalks1577
    @penrhynlifetalks1577 2 ปีที่แล้ว

    Can a director also be a beneficiary?

    • @TwelveAccounting
      @TwelveAccounting  2 ปีที่แล้ว

      yes. most of the time they are. derek

    • @linl4980
      @linl4980 ปีที่แล้ว

      Thank very much