i am trying to reply on tablet but am having problems

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if not then you could set up a loc on the first property and use this to pay down secnd loan. this should be dine so as to maintain deductibility. richard should be able to set thi upand maybe get u a better ratewhile u are at it and to teach your bank a lesson too.

discretionary trusts provide asset protection because no person has any vested interest in the trust assets. that means if a beneficiary were to go bankrupt the creditors would be in the same position-no interst in the assets and they will generally be out of reach. but this depends on how it is all set up and how the trust transacts itself.

but the bank will always be able to get at properties which are mortgaged

u could wait for further growth. that is a lot of money to pay out.

yes, the trustee is the legal of the trust assets so all legal titles have to be changed. new loans will need to be applied for too.

there are stamp du issues and full stamp duty could apply depending on the deed. eg in nsw if changing the trustee means a change in beneficiaries then it could apply.

you also need to look at the deed and find out who has the power to sack the trustee.

gwhile free set up can be cheap smsf areextremely complex and you really should get advice. or it could work out very costly.

ac i was referring to the draw backs of mixing your loan. but in your case the original loan is virtually paid off so it shouldn,t be a issue

can,t see any issues wit that

dont put her on the loan if you can avoid it. you are doubling the risk and hurting borrowing capacity for the future.