Don't mix any properties/loans.

If a property is used as security they mortgagee can take possession easy. If not used as security they would need to go through a longer court process of getting a judgment etc. This will give you much more time and flexibility in deciding what you sell and when rather than the bank deciding.

Minors don't have legal capacity so I don't think a minor could act as an appointor until they reach 18.

Trustees and appointors can be changed without resettlement. But this doesn't necessarily mean that a resettlement won't occur. Careless changing of the trustee could result in stamp duty being due again.

Probably. The trustee should be able to request a copy – maybe a fee will be charged. The accountant may also have it or a copy.

BTW I should mention that a guardian could be another term for an appointor or it could be another position altogether. You really need to read the deed to determine what the role and powers of each player are.

As for the company. It is totally separate to the trust. So the appointor has no power over it. What you want is control over the shares. You can buy the share from the existing owner.

Or

You can form a new company from stratch. Have the shares in your name or in a separate trust which you control. You can then hold a shareholder meeting and vote to make yourself director. At the same time you as appointor of the trust can sack the old trustee and appoint your new company as trustee.

Its probably the guardian/appointor that can appoint another or a replacement appointor. You really have to read the deed as this contains the rules for the trust.

I think you are confusing yourself again. If the company is the trustee then your grandfather is probably just director.

down the track you wouldn't want to be trustee as there is some risk to taking on the role and you would also have to change title deeds to all property of the trust. Best to get a company as trustee and you be director of the company and control its shares.

One solicitor I heard of did the conveyancing and got the GST wrong on a $2mil property. Client had to pay an extra $200,000 or so unexpectedly and so had to sue the solicitor.

Banks will usually give a discount for prepaying interest. Usually a massive 0.10%! So it is sort of factored in. But you also have to consider the opportunity cost of not having that money immediately.

Make sure you don't just plonk 12 months worth of repayments into the loan. You need to organise a special 1 year fixed loan with the bank. Otherwise it will just be a repayment off the principle and you may stil be chased for missed repayments – AND you couldn't claim the interest.

Also, one more poiint, if you pay next years interest now, then next year you may have little to claim and will have a massive postive income from the property. You may then have to prepay another years interest and be trapped in the cycle.

Firstly I would look up s 60 of that act. What state is the property in?

Executor is usually the personal representative of the testator in someone's will.

I haven't heard about an appointor role being called an executor, but it is possible.