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Aug 6th, 2022

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How to Edit Declaration of Trust Template

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In this video, Simon and the host discuss how the adidas trust can help reduce property income tax and its implications for stamp duty land tax and buy-to-let mortgages. The host poses a question about setting up a declaration of trust to include their wife as a beneficiary for claiming rental income without changing legal ownership. They touch on whether this arrangement would influence stamp duty land tax liabilities. Simon elaborates on the concept of a deed of trust, explaining that it allows for income sharing that may not align with original ownership structures, providing potential tax benefits.

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