Discretionary Trust
- Discretionary Trust and beneficiaries as per the NowInfinity Trust Deed
- Who is the settlor?
- Can the settlor of a Discretionary Trust change?
- Who is an appointor/principal of the Trust?
- Do trusts need to have a principal or appointor?
- Who are the Default Income and/or capital beneficiaries?
- How to you remove a beneficiary?
- What is an event of disqualification?
- What is the Vesting date of a Trust?
- What happens if the Deed is lost?
- Can the vesting date of the Trust be extended?
- Why does the company establishment suite of documents not have a declaration of trust where there is a shareholder who is acting as trustee for a trust?
- Does changing the name of the Trust cause resettlement or stamp duty issues?
- What are the consequences of a failure to deposit the settlement sum on the establishment of a discretionary trust?
- Is an unwitnessed trust deed still valid?
- Do courts allow for soft copies of signed trust deeds and other source documents to be admissible or are the original (physical) documents require?
- How is income defined under the NowInfinity Discretionary Trust Deed?
- Do NowInfinity allow never ending, or ‘perpetual trusts’?
- Does the NowInfinity Trust Deed address state based legislation issues?
- When should a discretionary trust be updated?
- Does the definition of ‘distributable income’ in the NI discretionary trust deed distinguish between ‘trust income’ and ‘taxable income
- Does the NI discretionary trust deed satisfy the rules to ensure it is not a ‘foreign trust’ for the purposes of land tax or foreign acquirer duty surcharges?
- Does the NI discretionary trust deal with the change of trustee provisions in NSW, WA & ACT?
- Discretionary Trust Capital Reserved Lineal Descendant
- Discretionary Trust (Fully Reserved Lineal Descendants)