SMSF & Trusts

Do you have a document that converts a 7 year Div 7A loan into a secured 25 year loan?

You can use the Division 7A Loan Agreement document. You can choose 25 years on the choices in there. This document can also be used to convert an existing 7year loan, it just has to be before tax return lodgment.

 

Please be advised this is general information only, and is not to be taken as legal advice. If you would like more information, or have a legal query, please contact Abbott & Mourly directly.
Reviewed: 17/01/2024