eCompanies offers you the ability to create three different types of trust.
Discretionary Trust
Discretionary Trust Deed
A discretionary trust is a legal agreement between different parties in which the trustee is given the power/discretion to decide which of the beneficiaries are to benefit from the trust. A discretionary trust can help to protect family assets, whilst also enabling income and capital to be spread among family members.
Our service
Our legal pack is prepared by LegalVision, specialists in corporate law and Australia’s leading and award-winning legal service provider. Our package consists of:
- Your Discretionary Trust Deed, fully customised based on your answers application process
- Instructions on what to do next including stamping and opening a bank account
- Trust Schedule
- Memorandum of Wishes (if required) with instructions
- Minutes for corporate trustees (if required) with instructions
- Documents are delivered in PDF format with the option to download DOC, DOCX or RTF versions from our client area
How do I apply?
Simply fill in our online form and pay, our fully automated process delivers your customised Trust Deed. Anytime of the day, 24×7.
Learn more
You can find more information by visiting – what is a discretionary trust and setup a trust guide, or explanation of roles in a discretionary trust.
Unit Trust Deed
Key features
- Beneficiaries hold units, which represent a fixed proportion of the trust’s assets,
- Income and capital distributions are proportional to the number of units held,
- Unit holders typically have a predetermined entitlement to distributions, based on their unit holdings,
- Commonly used for collective investment schemes and real estate ventures.
Learn more
You can find more information by visiting – what is a unit trust and setup a unit trust guide.
Bare Trust Deed
The beneficiary of a Bare Trust has the absolute right to the trust’s assets and income. This type of trust is often used to hold assets for minors or to facilitate a specific purpose, such as holding property for someone else.
Key features
- The trustee holds legal title to the assets but must follow the beneficiary’s instructions,
- The beneficiary has a fixed and absolute entitlement to the trust’s income and assets,
- The trustee’s role is administrative and involves carrying out the beneficiary’s wishes,
- Commonly used for holding assets on behalf of minors, managing specific assets, or facilitating property transactions.
Learn more
You can find more information by visiting – what is a bare trust and setup a bare trust guide.