Trusts

Trusts can be an excellent way to protect your personal assets or run your business. We can advise you on the advantages and disadvantages of using trusts and prepare all documentation to set up a discretionary (family) trust or a unit trust.

In a discretionary trust the assets are held by the trustee who has the discretion to distribute the property and income to a variety of people described in the trust deed. In a unit trust the trustee must distribute the property and income to the unitholders in proportion to the percentage of units they hold as described in the trust deed. A unitholders agreement can provide further regulation on issues such as how and to whom units can be transferred and voting procedures.

Contact Us today on 1300 127 330 to arrange a consultation with one of our experienced lawyers.