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SDM Law is well-prepared to assist you in establishing your business or family trust. We can organise all of the necessary structures to meet your personal and/or business needs, and we can provide expert, ongoing oversight for trusts as well.
Our comprehensive trust services include:
- Forming and administering family, trading, education and charitable trusts
- Powers of Attorney
- Trust resettlements and restructuring
Trust structures can provide significant benefits for asset protection, tax planning, and succession planning. Our experienced team will work with you to determine the most appropriate trust structure for your circumstances and ensure it operates effectively over time.
Frequently asked questions
Family trusts provide asset protection from creditors, potential tax advantages, estate planning benefits, privacy, protection from relationship property claims, and structured wealth transfer to future generations.
Settlor creates the trust and transfers assets. Trustees manage trust assets and make decisions per trust deed. Beneficiaries may receive benefits. One person can hold multiple roles with legal considerations.
Setup costs vary but typically range from a few thousand dollars. Ongoing costs include compliance, trustee fees, accounting, tax returns, and periodic legal reviews. We provide transparent cost estimates.
Trusts can often be varied or restructured depending on trust deed terms and change type. Some changes need all beneficiaries' consent, others trustees can make. Trust resettlement may enable substantial changes.
Take the first step towards resolution and legal success.
Connect with us today and let our experienced team guide you towards effective solutions and legal counsel.
