Should The Property Be Put In A Trust First or Obtain A Land Patent First

Should The Property Be Put In A Trust First or Obtain A Land Patent First

Patenting property in one's own name and then exchanging the property into the trust will merely transfer deed with clear chain of title. And in some countries like Australia where a stamp tax is charged for each transfer, that extra step could be costly. In other words, most would benefit from the property being in the trust's name unless they hold a land patent personally.