A grantor forms a family trust to put their money and asset safe for a certain period. Further, it will pass onto one or multiple beneficiaries eventually, typically after the grantor's death. It is relatively easy to set up a Family Trust in Australia. Assets you transfer to your Trust will fall under the specific protections and provisions you've outlined. We'll provide a handy guide to walk you through everything you'll need to do. We're here to help.
Family Trust in Australia comes with benefits ofreduced estate taxes, allocation of assets into the desired hands. When you transfer assets to your Trust, you own everything in your Trust while you're still alive. After you pass, your assets will go directly to who you've chosen.
At the core of a family trust, you can include three parties a settler or granter, a trustee, and the beneficiaries.
We offer the most comprehensive and complete way to protect your assets and loved ones and provide a far better option than the traditional inheritance procedure by helping you set up a Family Trust in Australia with us.
There are tax implications that are entirely dependent upon the structure. There are other formalities that need to cope with appropriately before setting up a trust. We help our client with the proceedings to form such a trust.