Division 7A Loan Agreement
Can the Cleardocs Division 7A Loan Agreement be used under circumstances where there are unpaid present entitlements?
No, the Cleardocs Division 7A Loan Agreement is not designed to address issues relating to unpaid present entitlements. Please seek legal advice from a tax lawyer if you require a document for this purpose.
You can read about how an unpaid present entitlement from trusts to corporate beneficiaries can be treated as a Division 7A loan here.