Due to COVID-19 restrictions our office will be closed from Thursday 6th of August and all orders will be processed remotely.
Hard copy delivery of documents will cease until restrictions are eased. You will still receive your documents electronically.
Stay safe, healthy and positive during these difficult times and we look forward to getting back to business as usual soon.
Trustees are responsible for ensuring the Trust fund follows government rules and regulations. A trustee is responsible for making pivotal decisions on behalf of the Trust and is said to own the legal interest in the trust property, must act in good faith when dealing with trust property and is personally liable in respect of all expenses involved with the administration of the trust.
A Trustee can be either an individual or company. In the case of an individual being the trustee, this person will normally be one of the specified beneficiaries of the trust or a unit holder. When a company is acting as Trustee, usually the director/s of the company will be specified beneficiaries of the trust or unit holders.
There are occasions whereby you may need to change the trustee. Reasons for changing trustees differ, however, it is important that when you make a change to the trustee, all of your paperwork is dated appropriately and that the deed is compliant and allows for the change to occur.
If we can’t complete the work, our legal advisors will be to provide you with a quote to complete the work.
*provisions within trust deeds vary and we cannot guarantee that we will handle poorly drafted or highly technical changes in-house.
