Trust setup
Let us help you set up a discretionary or unit trust to suit your needs.
The price is exclusive of GST, tax will be calculated during the checkout.
Protect yourself with bespoke legal documents
Don’t risk your business with a DIY template, an auto generated legal document or an unsuitable law firm.
Our team of expert commercial lawyers will tailor bespoke legal documents to suit your unique needs and prioritise the commercial considerations for your business success.
What you get:
- Free consultation
- Done for you tailored legal documents to suit your needs
- Initial drafting and review + one round of amendments
- Stamping with the OSR
- Fast turnaround times (5-7 days)
The standard structure may not suit your needs
There are circumstances where operating a business or owning assets in your personal name or through a company is not appropriate. For example, because you are worried about protecting your assets from creditors, or if you are able to achieve better taxation outcomes through using a trust. Setting up a trust can often solve these problems, but people often get standard trust packages which don’t consider their specific requirements. Trusts are complicated structures, and setting them up without proper advice could cause problems down the line, and be difficult to fix.
Traditional structures are sometimes inflexible or vulnerable
If you are running a business as a sole trader or a company, you are missing out on some special flexibilities and protections offered by trusts. It means that if you are sued in your personal life (for example, because of a personal dispute or because you are defaulting on a mortgage), your business might be exposed to those creditors. It also means that you usually have to pay all dividends to yourself, instead of being able to distribute it to other beneficiaries (eg, family members) who might be on a lower tax bracket to you. Trusts which are set up without proper advice may create difficult scenarios. For example, sometimes setting up a corporate trustee when this isn’t really required may end up costing you extra money for no reason. Also, you may wish to exclude certain people as beneficiaries, or create specific mechanisms for how the control of the trust is passed on if something happens to you.
Build a structure that perfectly suits your needs
UX Law can advise you in creating your business structure, setting you up with a discretionary or unit trust to suit your needs. We can help you with:
- Tailoring appropriate beneficiary definitions and restrictions
- Future-proofing the controllers of the trust and succession issues
- Advice on whether an individual or corporate trustee is preferable
- Stamping the deed with the OSR and all relevant setup forms
Frequently asked questions
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Can I do this myself?
The simple answer is yes – you could register your company yourself through the Australian Government’s Business Registration Service (BRS) or through a number of online providers if you wish. The true answer is that doing this is risky and not advised; even the most seasoned and experienced operators will often be unclear of the best structure required to suit their company’s strategy moving ahead. Realistically, for all startups, it is absolute best-practice to seek legal advice to tailor your company set-up to your needs.
Looking for practical legal advice?
Tell us about your legal needs and we’ll get back to you within 1 business day.
The simple way to buy legal protection
Enjoy fixed fees, discounted packages, and fast turnaround times.
- Order a document or package
Order the individual legal documents you need or save money by upgrading to a bundled package. - Talk to us
We’ll call you in the next 48 hours to confirm your details and needs. - Fast turnaround times
Our team of expert commercial lawyers will draft bespoke documents to suit your needs within 1 week. - Implement protection
Start using your new legal documents in your business to operate with protection and confidence.
Our client satisfaction guarantee
Built to empower startups and entrepreneurs, here is how we aim to set you up for success.
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We happily support startups and entrepreneurs in over 30+ industries all across Australia.
Protect yourself now or upgrade to a package and save
The Startup Package
- Unlimited contact us via phone or email*
- Legal health check
- Shareholders Agreement
- Software development agreement OR Terms for online businesses and software
- Trademark
The Legal Advisor Package
- Free consultation
- Tailored legal package complete with all the legal documents you need to protect your business
- Bundled package discounts
- Transparent fixed fees
- Fast turnaround times
The Intellectual Property Package
- Unlimited contact us via phone or email*
- Legal health check
- Trademark
- IP assignment deed
- NDA