What role do I need to be in a family trust to be able to use cash to sit in my mortgage off-set account?
by admin ~ November 9th, 2009 . Filed under: Personal Finance .
Luke asked:
If I have cash in a family trust and I want to sit this temporarily in my mortgage off-set account to save interest, then put it back, do I need to be a beneficiary or trustee or does it matter?
But it’s a temporarily interest free loan so I’m not taking the money
Hailey Bayon
If I have cash in a family trust and I want to sit this temporarily in my mortgage off-set account to save interest, then put it back, do I need to be a beneficiary or trustee or does it matter?
But it’s a temporarily interest free loan so I’m not taking the money
Hailey Bayon
November 10th, 2009 at 3:57 am
For the beneficiaries and the trust.