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Trusts

Discretionary Trusts

This form of trust is the most common and is often used as a family trust for tax effective income distribution and asset protection. A trust is not a legal entity but rather a relationship between the trustee and the beneficiaries of the trust which is conducted in accordance with the terms set out in the trust deed.

The trustee can be a person or a company. The trustee holds the trust property on behalf of the beneficiaries. The trustee must act in good faith for the benefit of the beneficiaries of the trust.

You should seek your accountant's advice as to whether your affairs would benefit from establishing a discretionary trust.

Our discretionary trusts have been drafted by specialist lawyers and are designed to achieve maximum flexibility to suit the varying needs of our clients.

In order to establish a discretionary trust you must provide us with certain information. The information we require is set out in our order form.

Click here to access the order form.

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Unit Trusts

Like any trust, a unit trust is not a separate legal entity but rather a relationship between the trustee and the beneficiaries called unit holders. The trust deed attaches certain rights to the units of the trust which are held by the beneficiaries. These rights can be of an income or capital nature depending of the class of unit subscribed to by the participant.

This form of trust is often referred to as fixed trusts and are most commonly used in joint venture situations. These trusts are designed to permit taxable profits and/or capital to flow through to the individual unit holders.

As with discretionary trusts the trustee can be a person or a company.

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Our Business Partners

HWL Ebsworth

For many years HWL Ebsworth have provided and updated our discretionary and unit trusts.
The terms of our discretionary trusts provide the maximum flexibility in respect of determination of income and streaming.
Through our relationship with HWL Ebsworth, Corporate Express can offer the following benefits to its clients.
15 minutes free legal advice
Click here for more details.

Vale Legal Pty Limited

All of our self-managed super funds (SMSF) documents are drafted and updated by Vale Legal Pty Limited, accredited specialists in Business and Personal Tax and are designed to achieve maximum flexibility to suit the varying needs of your clients in their administration of the fund and their retirement options.

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