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Advisers warned on ‘double duty’ traps with unit trusts and property

With any reforms to stamp duty unlikely to extend landholder duty, SMSF professionals should be careful not to underestimate landholder duty when advising clients asset protection, business structures or succession planning, says a law firm.

Advisers warned on ‘double duty’ traps with unit trusts and property
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  • Shared by SMSF Adviser
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  • August 13, 2020
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  • 1 minute read
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Advisers warned on ‘double duty’ traps with unit trusts and property

Owen Hodge Lawyers special counsel Leigh Adams said while there may be talk about abolishing stamp duty, it is unlikely that this will extend to landholder duty.

Read more at SMSF Adviser. 

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