Forums / Getting Technical / Finance / Family fees and charges?

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  • Profile photo of David ParringtonDavid Parrington
    Participant
    @davidparrington
    Join Date: 2017
    Post Count: 0

    G’day guys,

    Can I avoid fees and charges when transferring property within the family? So say my parents own land and want to give it to me, or want to give me half of it, or say my father would be happy to give me half his house so I am on the title, can I avoid fees and charges?

    Kind Regards

    David Parrington

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 15,779

    Stamp duty and cgt would be triggered unless done via a will.

    Terryw | Structuring Lawyers / Loan Structuring Pty Ltd
    http://www.terryw.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Operating Remotely)

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