The trust deed must be signed by the settlor, who must give the initial settlement sum (usually $10) to the trustee.
The settlor is usually someone unrelated to the beneficiaries of the trust, such as an accountant, lawyer or close family friend. For tax reasons, the settlor should not be a beneficiary of the discretionary trust. The settlor usually has no further involvement with the trust after the initial settlement.
Fill out the form below and a LegalVision team member will be in touch shortly!
The majority of our clients are LVConnect members. By becoming a member, you can stay ahead of legal issues while staying on top of costs. For just $199 per month, membership unlocks unlimited lawyer consultations, faster turnaround times, free legal templates and members-only discounts.
Can be $500 or more for a one hour conversation
Only $199
+ GST per month#
Ask us about LVConnect when you speak to our team.
#Minimum 12 month commitment
Any disbursements will be charged in addition to the project cost. All project pricing excludes GST.
2019 Top 25 Startups - LinkedIn
2019 NewLaw Firm of the Year - Australian Law Awards
2020 Fastest Growing Law Firm - Financial Times APAC 500
2020 AFR Fast 100 List - Australian Financial Review
2020 Law Firm of the Year Finalist - Australasian Law Awards
2019 Most Innovative Firm - Australasian Lawyer
We collect and store information about you. Let us explain why we do this.
We collect a range of data about you, including your contact details, legal issues and data on how you use our website.
We collect information over the phone, by email and through our website.
We store and use your information to deliver you better legal services. This mostly involves communicating with you, marketing to you and occasionally sharing your information with our partners.
You can always see what data you’ve stored with us.
Questions, comments or complaints? Reach out on 1300 544 755 or email us at info@legalvision.com.au
