Self-assessing a declaration of trust

When a declaration of trust can be self-assessed.

A declaration of trust can be self-assessed if it declares the same trust details as those listed on the contract for sale/offer and acceptance.

Example

Simone enters into a contract for sale to purchase a home as trustee for the Black Family Trust. She executes a declaration of trust the same day declaring the same property is held as trustee on behalf of the Black Family Trust. This can be self-assessed because the declaration of trust is in confirmity with the contract for sale.

Last updated:

Have a question or want to report a problem?

Fill in the form to get assistance or tell us about a problem with this information or service.

Send feedback