meiki replied to the topic Acreage Property Purchase in the forum Creative Investing 14 years, 9 months ago
ryan mclean wrote:
Discretionary trusts are great because you don't have to change ownership of the property when you die and thus do not pay CG tax. You can state yourself as the only named beneficiary and then have your relatives in 3 directions as unnamed beneficiaries. This means when you die, you can simply change the trustee, and your…[Read more]