Stamp Duty payable for transfer of property yo trust name
1 year ago
We are in process of creating trust to transfer all the properties to my brother, who is suffering from depression. Question is do we need to pay stamp duty to transfer the properties in trust name.
A.Dear Client,
Please note that while stamp duty will be payable on the property that is transferred to the trust during your lifetime, no stamp duty is payable on the transmission of your properties settled in trust under your Will.
Please note that while stamp duty will be payable on the property that is transferred to the trust during your lifetime, no stamp duty is payable on the transmission of your properties settled in trust under your Will.
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A.Dear Sir,
Please get answer to this question from local advocate who is well acquainted with local loss. Normally no concession will be given in such cases.
Please get answer to this question from local advocate who is well acquainted with local loss. Normally no concession will be given in such cases.
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