Trust Deed Creation

A trust is a legal arrangement where one person (the "settlor" or "grantor") transfers assets to be held and managed by another person or organization (the "trustee") for the benefit of others (the "beneficiaries"). The trust deed is the legal document that creates this arrangement and sets out all its terms and conditions.

Think of a trust as a legal container for assets. When you put assets into a trust, you're setting rules for how those assets should be managed and distributed. This gives you control over what happens to your assets even after you've given them away - or after you've passed away.

Trusts serve many purposes: they can protect assets from creditors, reduce tax burdens, provide for family members who can't manage money themselves, ensure a business passes smoothly to the next generation, support charitable causes, or simply avoid the time and expense of probate.

There are many types of trusts, each designed for different purposes. The right type depends on your specific goals, circumstances, and the assets involved. A trust deed must be carefully drafted to achieve your objectives while complying with legal requirements.

Creating an effective trust requires careful consideration of your goals, your family situation, the nature of your assets, and the legal and tax implications. We guide you through this process, explaining your options in plain language.

We draft trust deeds tailored to your specific situation, ensuring they're legally sound and will achieve your objectives. We also help with the practical steps of funding the trust - actually transferring assets into it.

Beyond creation, we can assist with trust administration, modifications when circumstances change, and advice on trustee duties and responsibilities. Our goal is to give you peace of mind that your assets are protected and will be distributed according to your wishes.