Create Your Discretionary Trust Deed For Free
A discretionary trust is a trust where the distribution of capital and/or income of the trust to the beneficiaries of the trust is at the discretion of you, the trustee. Hence, each beneficiary is not entitled to a fixed entitlement to the trust funds. As the trustee, you will not have complete discretion in distributing the trust and you are limited to the obligations under the trust deed. A discretionary trust has various benefits; most notably, it provides significant asset protection for the beneficiaries. To lodge a trust deed within Australia, a stamp duty may be payable to the relevant revenue authority in your state/terriroty.
Use this Discretionary Trust Deed if:
- You would like to establish a family trust; or
- You would like to gift property or moneys to be held on trust.
What does the Discretionary Trust Deed cover?
- Establishing the trust;
- Defining the relevant beneficiaries;
- Distribution of income and capital to the beneficiaries;
- Winding up of the trust;
- Appointment of the trustee, including powers, remuneration;
- Removal and appointment of future trustees;
- Responsibility for financial records; and
- A relevant indemnity.
Other names for Discretionary Trust Deed include:
- Family Trust Deed; and
- Trust Deed.
Complete Online Form
Sign & Make It Legal
Want A Lawyer To Draft Your Discretionary Trust Deed?
Get a Quick Quote
Let us find you a lawyer who can draft a Discretionary Trust Deed specific to your needs. Our Quick Quotes technology saves you time and gives you fixed-price quotes from over 700+ expert lawyers.
1. Submit quote request
Fill out the quote request form. Provide as much detail as possible so we can source you the most accurate quotes.
2. Compare Fixed-Price Quotes
Save time shopping around town. You will receive fixed-price quotes from our 700+ expert lawyers.
3. Hire the Best Lawyer
Once you've engaged the lawyer of your choice they will begin work on your job.
Submit Quote Request
Receive Fixed-Price Quotes
Connect With Your Lawyer
LawPath provides legal documents for:
Corporate & Enterprise