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Establish a Discretionary Trust

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Before completing the form

Your accountant or financial adviser may have recommended that you accumulate part of your family's wealth through a 'discretionary trust' (more commonly known as a 'family trust').

You can use this facility to instruct us in relation to establishment of a family trust. It is important that you understand how a family trust operates before deciding whether it is a suitable investment structure. If you have not already done so, please consult us or your accountant to determine if this is the best option for you.

We regularly review the terms of our discretionary trust deed to ensure that it complies with State and Commonwealth legislation, tax law and succession issues.

 

Requesting Party Details
Trust Details

You do not need to check to see if the proposed name of your trust is available. The trust will not be a trading entity; the trust name is only an identifiable feature of the terms documenting the provisions of the trust (the trust deed).

Settlor

The Settlor is the person who will pay a nominal sum to the trustee to establish the Trust. The Settlor is not eligible to derive any benefit from the Trust, so you should avoid choosing a potential beneficiary (ie a relative) to be the Settlor. The Settlor and the Trustee agree on the terms and conditions under which the Trustee must hold the trust property and they sign a trust deed reflecting those terms and conditions.

Contact
T: (08) 8111 4000
F: (08) 8111 4099
E: This email address is being protected from spambots. You need JavaScript enabled to view it.

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