A trust is a legal agreement between one person and another trusted person (or company) to hold assets, real estate and other investments for someone else.
A trustee manages the trust and is the legal owner of the assets within the trust. This provides a level of protection against personal liability if structured appropriately and may also enable the trust finances to be managed tax effectively.
A trustee’s responsibilities include:
Eilis, Western Australia
Australian Unity Trustees is a licenced professional trustee company with an Australian Financial Services Licence and regulated by ASIC’. We can assist you in determining which is the most appropriate trust structure for your circumstances.
We can assist in the establishment, administration and management of a trust. You may wish to establish a trust during your lifetime or create one in your will. A trust can assist you to protect your assets and wishes for the future.
Additionally, you can nominate us as the trustee when you establish your trust, or at any later time, if you require assistance or want to pass over the administration of the trust to us.
Example of trusts we can help you with include:
Estate planning is far more than just having an up-to-date will. It specifies how your assets will be distributed, protects beneficiaries, and ensures your final wishes are observed.
An executor is responsible for fulfilling the terms of a will. We can be appointed as your executor in your will or assist an executor with the administration of the estate in its entirety or with specific tasks.
If appointed as your financial attorney (via an enduring power of attorney), we can help protect and manage your assets in the event you lose capacity. We can also provide assistance to other nominated attorneys.
We can help you protect your assets by establishing a trust, for example, which may provide wealth creation and other benefits for you and your family.
We can help you create a meaningful and ongoing legacy, that can start during your lifetime or on your passing and will continue to benefit future generations or causes close to your heart through charitable giving.
We provide taxation advice to executors administering an estate; we aim to minimise any taxation liability of the estate and seek to prevent an executor becoming personally liable for any taxation consequences. We also provide business, Self-Managed superannuation fund and personal taxation advice including the preparation of tax returns
Investment bonds are a way to save for the future and can be used as an alternative tool in estate planning. Investment bonds have unique benefits including tax-free death benefit payments for beneficiaries and increased protection against estate challenges
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Nothing on this site represents an offer or solicitation by Australian Unity Trustees in relation to securities or investments in any jurisdiction. Where a particular financial product is mentioned, you should consider the Product Disclosure Statement before making any decisions in relation to the product and Australian Unity Trustees makes no guarantees regarding future performance or in relation to any particular outcome. Whilst every care has been taken in the preparation of this information, it may not remain current after the date on which it is published, and Australian Unity Trustees and its related bodies corporate make no representation as to its accuracy or completeness.