Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How much stamp duty is paid on a Discretionary Family Trust?

April 26, 2017Discretionary duty family paid stamp Trust

0

Posted

How much stamp duty is paid on a Discretionary Family Trust?

1 Answer

0

Posted

Stamp duty is calculated on the original money settled. Usually $10 is given to the trustee by the Settlor. The stamp duty on $10 is $2.00 (for WA). (Each copy of the Discretionary Family Trust is an additional $2.00.) You usually get 2 copies of a Discretionary Family Trust deed: one for your professional adviser and one for yourself.