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Deed establishing discretionary trust

Deed establishing discretionary trust

Black, S; Carroll, P; Garber-Rosenzweig, J, 2015

Available Formats

Format ISBN Price
Classic Precedent 0000691224 $123.41

Description

This precedent is a template deed establishing discretionary trust.


A discretionary trust in the nature of this precedent allows for control of the trust property without beneficial ownership of it. It provides a unique degree of flexibility in deciding who should benefit from income earned and from capital gains. Persons who might benefit from time to time during the term of the trust (beneficiaries) should be determined when the trust is created. While they may be added or deleted during the life of the trust, stamp duty considerations should be taken into account before using the power.


A discretionary trust is most suited to a family situation, as a business relationship will require a greater degree of certainty and security in financial dealings affecting trust property.


To preview the Deed establishing discretionary trust, click here.


Document length: 29 pages


Related products

- Deed establishing discretionary trust
- Unit trust deed


This precedent is also available via subscription to the Precedents – Business Structures – Trusts Bundle

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Pricing Information

$123.41AUD

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