Buying via Family Trust May Be Beneficial

As a keen Investor you may be considering purchasing your property through a family trust, which may have certain benefits, including greater flexibility when it comes to income and tax distribution.

As we all have different individual circumstances, I strongly suggest that you'll need to get some professional advice on this matter.

However, if you decide to purchase your next property via a Family Trust, you'll need to certainly discuss the purchase with all the members of the trust.

The Trustee, the legal owner of the trust's assets, can decide whether or not to buy the property on your behalf.

We at FLR Solutions, do strongly suggest that before you make a decision on purchasing your property via a Family Trust, that you remember to seek professional legal and tax advice to make sure you fully understand the Pros and Cons.

We at FLR Solutions can also point you in the right direction in case you do not have any existing relationships with any professionals who specialise in this area.