Dazza
24-04-2007, 10:41 PM
Could someone be kind enough to give me some background to property trusts etc.
I keep hearing about LAQC etc etc? what is that?
Also i hear Residential Zoning 6A? what does that mean? able to be subdivised ?
Here is a scenario for u guys out there:
my fiance and i, are thinkign of getting our first home within the next 2 years, she has insisted on it being in a trust instead of being in our both names.
Now i have agreed that our future property investments should be in a trust, but our 'family' home should be in our own names.
She like all women.... have prematurely made their minds up..
What are your thoughts?
Any advantages and disadvantages of having your own family home in a trust?
Many thanks
I keep hearing about LAQC etc etc? what is that?
Also i hear Residential Zoning 6A? what does that mean? able to be subdivised ?
Here is a scenario for u guys out there:
my fiance and i, are thinkign of getting our first home within the next 2 years, she has insisted on it being in a trust instead of being in our both names.
Now i have agreed that our future property investments should be in a trust, but our 'family' home should be in our own names.
She like all women.... have prematurely made their minds up..
What are your thoughts?
Any advantages and disadvantages of having your own family home in a trust?
Many thanks