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LRBA Holding Trust Pack – Non Bank Lending

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LRBA Holding Trust Pack – Non Bank Lending

$229.00

The LightYear Docs LRBA Holding Trust Pack (Non-Bank) includes relevant minutes to implement and execute the Holding Trust and LRBA.

This product is for NON-BANK Lending purposes and for the acquisition of property. If the asset is not yet known, please contact support@lightyeardocs.com.au and our legal/finance team can assist with the document preparation. For BANK Lending, please use the LRBA Holding Trust Pack – Bank Lending.

If you are using a Corporate Trustee, please ensure this is established first. These can be located under the Companies category.

SKU: 636e37e3-4ac3-40d1-8ed1-2d03bdfdf73e Categories: ,

Description

The Superannuation Laws require the Trustee to use a Holding Trust to hold the legal title of any single acquirable asset under a limited recourse borrowing arrangement. Although it is generally preferred to have a corporate trustee for the trustee of the Holding Trust, it is not required under section 67A of SISA 93 (for non-bank lending).

This document pack establishes the HT and LRBA arrangement for an SMSF acquiring property through non-bank lending. If you are using a Corporate Trustee, please ensure this is established first. These can be located under the ‘Companies’ category on the LYD platform.

► $229.00 (inc GST) – OR provided under your unlimited membership

► The master document has been signed off by Abbott & Mourly and is congruent with Australian law.

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