On 8 May 2022, the government announced that an ABSD of 35% will be imposed on any transfer of residential property into a living trust. Why implement a new ABSD rule? Who does it affect? What will happen from now on? Join Grayce in this episode of Real Estate News where she will be discussing on the new ABSD on Living Trusts and how they might affect High-Net-Worth (HNW) Property Investments. Watch on to find out more! Enjoy!