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Old 09-02-10
DavidA DavidA is offline
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Join Date: Oct 2009
Posts: 10
Default Costs for establishing a Family Trust

Hi everyone,

I'm in the process of looking into the establishment of a family trust structure for my pending new business start-up & have been quoted by my accountant & tax advisor, a fee of $2,500 to do this.

They are a reputable company and I am comfortable in dealing with them in other matters we have had to date, but $2,500 seems high for this type of establishment.

I'm not looking to find the cheapest price on the market to get this done quickly, as I am wanting to get this set-up securely and protect personal assests as best we can, but has anyone else to this forum established family trusts for their business and if so, would you mind advising the costs you paid to get it done ?

Many thanks,
David.
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