Jordan Djundja can assist you with structuring your business or investments through discretionary and family trusts.
Trusts can be used:
- As a tax minimisation strategy
- As a means of providing shared income for family members
- To minimise the risk of creditors making a claim against your assets
- And to place valuable assets out of the direct control of individuals at risk of making poor decisions that may affect a number of stakeholders involved
One type of discretionary trust is a family trust.
A trustee (frequently one of the family members) is elected to hold assets in their name for the benefit of a group of beneficiaries.
Although one or more person can be elected as trustee, so to can a company. This is beneficial in terms of avoiding difficulty experienced in situations such as the death of a trustee, or in circumstances where a trustee is declared bankrupt.
Jordan Djundja can assist you with:
- Drafting trusts
- Reviewing trusts to ensure they comply with financial and trust-related legal requirements Advice for your accountant to make suitable arrangements