Evening,

There are 2 people on our title, my wife and myself.  We have three children all under 5, and am not sure what can be put into their name without penalties for high earnings. We also have another 5 properties, and would like to protect them from law suits. The problems with them is that they have all had high growth and the CGT is very high to move to a family trust.

The end outcome is to pay as little as possible to the ATO. We are happy to keep for as long as required to reduce the amount payable and are happy to live in one or all of the properties (if it helps).

We are also considering selling the house to a family trust then dividing the property up. Or whatever is the best option. We would just have to wear the stamp duty to sell to a family trust first.

Thanks