Trusts
Trusts serve as the cornerstone of asset management, forging a fiduciary bond between the grantor, who entrusts assets, and the beneficiaries, who stand to benefit from their stewardship. Within this intricate web of fiduciary relationships, trusts are crafted with the dual aims of asset protection and streamlined tax administration, offering a versatile mechanism for wealth preservation and strategic financial planning.
At SB Law, our expertise extends across a broad spectrum of trust structures, tailored to meet the diverse needs of our clientele:
- Family Trusts: Designed to safeguard family wealth and facilitate intergenerational wealth transfer, family trusts offer a flexible framework for asset management and distribution.
- Discretionary Trusts: Characterized by the discretionary power vested in the trustee to allocate income and capital among beneficiaries, discretionary trusts afford a high degree of flexibility in wealth distribution.
- Unit Trusts: Comprising a fixed number of units, unit trusts provide investors with proportional ownership interests, enabling efficient pooling of resources for collective investment purposes.
- Hybrid Trusts: Blending elements of both discretionary and unit trusts, hybrid trusts offer a customizable approach to asset management, catering to the unique preferences and objectives of the grantor.
- Self-Managed Super Fund (SMSF) Trusts: Empowering individuals to take control of their retirement savings, SMSF trusts offer autonomy and flexibility in investment decisions, subject to stringent regulatory oversight.
In addition to establishing trust structures tailored to your specific requirements, our services encompass a comprehensive array of trust-related matters:
-
- Removal of Trustee: In cases where a trustee’s performance or conduct falls short of expectations, we facilitate the removal of trustees and ensure a smooth transition to a more suitable candidate.
- Appointment of a New Trustee: Whether due to resignation, incapacity, or legal obligations, we assist in the seamless appointment of new trustees, ensuring continuity in trust administration.
- Special Purpose Trusts: From charitable trusts to asset-specific trusts, we specialize in crafting bespoke trust arrangements to address unique circumstances and objectives.
With SB Law as your trusted legal partner, you gain access to a wealth of expertise in trust law and administration, underpinned by a commitment to personalized service and unwavering integrity. Let us guide you through the intricacies of trust management, empowering you to achieve your financial goals with confidence and clarity.
