Does a Family Trust only investing in shares and not in property need to be stamped?

Question

Does a Family Trust only investing in shares and not in property need to be stamped?

Answer

Yes, All deeds require stamping in NSW no matter what business conduct.

The same applies for deeds created for Discretionary and Unit Trusts created in Victoria. Stamping is required on all establishments

There is no stamping required for deeds with Queensland jurisdiction 

The following Trust deed documents are available for stamping via NowInfinity

  • Discretionary Trust
  • Discretionary Trusts (Capital Reserved Lineal Descendant)
  • Discretionary Trusts (Fully Reserved Lineal Descendants)
  • Fixed Unit Trust
  • NSW Land tax Unit Trust
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