Transfer of Property to a Special Disability Trust and Stamp duty Exemptions
In NSW there is a stamp duty exemption for the transfer of property to a Special Disability Trust (SDT). This can apply for a declaration of trust s65(22)(a) or (b) Duties Act 1997 (NSW) or for a transfer to the trustee of an SDT s65(22)(c). http://www8.austlii.edu.au/cgi-bin/viewdoc/au/legis/nsw/consol_act/da199793/s65.html
There are similar provisions in other states too, including:
Duties Act 2000 (VIC)
126A Duties Act 2001 (QLD)
Homer has an investment property which he wishes to transfer to a special disability trust for his daughter who has a severe disability. Title is transferred from Homer’s name to that of a professional trustee and there is no stamp duty charged on this transfer.
Note that there are also CGT exemptions available too.
Tax Tip 159: No CGT on Transfer to a Special Disability Trust https://www.propertychat.com.au/community/threads/tax-tip-159-no-cgt-on-transfer-to-a-special-disability-trust.23076/