Janet Xuccoa: Family Trust Services Managing Director on the Govt making it easier to sell property held in a family trust

The Mike Hosking Breakfast

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1d ago 3:08

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A view that current family trust laws have too much red tape.

The Government's making it easier to sell property held in a family trust in its latest revamp of anti-money laundering policies.

It means realtors won't need to collect extensive information about a trust's history to make a sale.

Family Trust Services' managing director, Janet Xuccoa told Heather du Plessis-Allan people have to provide the same information to realtors, lawyers, and accountants.

She says the changes are a relief to most providers, as the legislation is complex, time-consuming, and repetitive.

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