Crj – maybe a bit rough, don't you think? I'm asking a legitimate question, which is my understanding of what these types of forums are for. I've read quite a bit but hard to get any further when I can't figure out what i'm looking for.Terry – thank you. Treating it as a person makes sense that way. I wasn't sure that a trust was treated the same…[Read more]

Thanks Terry,Have tried to do some more reading before coming back more confused than before..!Potentially a stupid question, but you say that the house will be a 'capital asset' – does this mean its taxed differently… as if it were a cash profit…? (I'm guessing – trying to understand what you mean)Stripping it right back – Trust A distributes…[Read more]