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    @trustproperty
    Join Date: 2014
    Post Count: 2
    December 9, 2014 - 9:34 am

    Thanks.

    Overall has structure has nothing in it aside from $10 settled sum and $10 contributed capital for co’s.

    The family trust has already been established and settled. If I declare trust over the shares, am I creating a new trust or can it be part of the existing trust?

    Alternatively, can I “sell” the shares to another party (there is only $10 contributed capital in the company) and then have them gift them to me as individual trustee of the trust?

    Appreciate your help

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