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Can foreign persons be excluded from a new discretionary trust deed to avoid surcharges on either or both stamp duty and land tax where the residential property/land is acquired/held by a ‘foreign person’?

Yes, we do offer trust deeds that specifically exclude ‘foreigners’ (as defined in the respective States) from being General Beneficiaries of our discretionary trusts.

You can indicate this on your online trust form by answering the relevant questions regarding the intention to purchase property and exclude foreign persons.