Question
Can I create a Fixed Unit Trust with more than 19 unitholders within NowInfinity?
Answer
The NowInfinity Fixed Unit Trust and NSW Land Tax Unit Trust templates are designed to facilitate only up to 19 unitholders. This means additional unitholders cannot be added manually by NowInfinity.
You may need to seek external legal advice for establishing these types of Unit Trust with more than 19 unitholders, due to the legislative requirements for such entities. Alternatively, email legal@nowinfinity.com.au to be referred to our external legal services provider who can assist on a fee-for-service basis.