Discretionary trusts  allow their potential beneficiaries to control assets without actually owning the assets - very useful for asset protection purposes.

By being able to spread income among the beneficiaries a Discretionary trust allows the flexibility to ensure the full marginal tax rates of various beneficiares can be utilised. 

Fixed entitlement structures like companies and unit trusts may not necessarily offer this flexibility.

Your discretionary trust documentation includes:

• deed
• complete instructions
• consents 
• minutes
• draft letter to Stamping Authority

For further information, please call our office on 02 8296 6266