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Check Spelling in Declaration of Trust Template

Check Spelling in Declaration of Trust Template

Aug 6th, 2022

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How to Check Spelling in Declaration of Trust Template

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49 votes

In this video, Simon and the presenter discuss the role of a declaration of trust in property income tax reduction and its implications for stamp duty land tax and buy-to-let mortgages. The presenter poses a question about adding a spouse as a beneficiary through a declaration of trust without changing legal ownership, inquiring if this affects taxes. They delve into the concept of a deed of trust, which allows for the sharing of income in a manner not strictly aligned with original ownership. This legal tool can be beneficial for tax purposes, enabling flexibility in income distribution among beneficiaries.

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