Home – New Forums Starting your journey Family Trust Reply To: Family Trust

Farid Zaki
  • Total posts: 110

Hi Rob,

The process to setup the trust depends if you are setting up just a trust with a standard Deed or a special tailored made deed. Also if you are going to have a corporate trustee, you need to setup a company as well. Are you going to hold assets in a different trust or in the same trust…etc

The cost ranges from $1500 – $3500 depending on the options you choose for the Deed, corporate trustee, associated assets trusts…etc

Another factor you need to consider is if you are going to finance the purchase of the business, lenders take a lot of time approving loans where trusts are involved, as it requires further examination of the structure, Deed…etc.