Our discretionary trust deeds are suitable for accounting, legal, and professional advisers who rely on highly effective legal documentation, and appreciate the value of old-fashioned and informed customer service.
Discretionary (Family) Trust Deed | $242.00
Order your discretionary trust deed online today and receive your documents electronically within 1 business day. Our discretionary (family) trust deed has been carefully drafted by our legal partners to ensure compliance with relevant tax legislation and to incorporate the latest industry standards in effective tax management and estate planning.
- Our online order forms make setting up a discretionary trust deed in Australia fast and easy
- Our trust deed documentation has been carefully drafted to comply with the appropriate legislative and tax office requirements
- Our trust deed documentation is highly effective across a range of business purposes and is structured and maintained in line with the latest industry innovations
- Our highly experienced team manually reviews every submission to ensure information is free from error and complete - saving you headaches and costs down the line
- We pride ourselves on great and informed customer service, and our professional team is available to discuss any question or client issue you may have
- Impress your clients with full-service printing, binding and delivery for $55.00 (GST inclusive).
- Stamping options are available for trusts registered in South Australia
From the Knowledge Base
What is a discretionary trust?
In a discretionary trust (or family trust) the beneficiaries do not have a fixed entitlement or interest in the trust funds. The trustee has the discretion to determine which of the beneficiaries are to receive the capital and income of the trust and how much each beneficiary is to receive. The trustee does not have a complete discretion. The trustee can only distribute to beneficiaries within a nominated class as set out in the terms of the trust deed.
What is the trust deed?
The trust deed defines the relationship between the trustee and the beneficiaries. The parties to the trust deed are the settlor and the trustee. The trust deed specifically sets out the duties and powers of investment of the trustee, the beneficiaries, and other important stuff.
What is the role of the settlor?
The settlor's function is to give the assets to the trustee to hold for the benefit of the trust's beneficiaries on the terms and conditions set out in the trust deed. The settlor executes the trust deed and then, generally, has no further involvement in the trust.
The settlor of a Discretionary Trust must be an independent person. That person, or his or her spouse or children, cannot be beneficiaries of the trust and should not be trustees. A settlor will often be a family friend or a solicitor or an accountant who will not be a beneficiary or a trustee.
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