All Topics / Help Needed! / Help needed with Family Trust question

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  • Profile photo of PeteJackiePeteJackie
    Participant
    @petejackie
    Join Date: 2003
    Post Count: 121
    May 13, 2006 - 6:50 am

    Hi everyone, we have set up a company as a trustee for a Family Trust and are just about to put in an offer on a property. Can someone please let me know what we put on the contract?

    Is it The “Company Name” as trustees for The Geale Family Trust?

    I look forward to hearing from you all.

    Cheers Pete & Jackie.

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    May 13, 2006 - 8:21 am

    Yes

    With the loan application the Pty Ltd is the applicant and presumably you both are Directors will be need to be Gurantors.

    Richard Taylor
    Residential & Commercial Finance Broker
    **NODOC loans from 7.14%**
    Licensed Financial Planner
    http://www.yourstatefinance.com
    [email protected]
    Ph: 07-3720 1888

    Richard Taylor | Australia's leading private lender

    Profile photo of catacata
    Participant
    @cata
    Join Date: 2005
    Post Count: 559
    May 13, 2006 - 11:16 pm

    Make a minute entry in the company that states what the loan is for.

    CATA
    Asset Protection Specialist
    [email protected]

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