A variety of trusts are available that serve different purposes, including the minimisation of tax and protection of assets.

Clinch Long Letherbarrow are experienced in advising on and establishing all types of trusts. These include family trusts, unit trusts, superannuation trusts, protective trusts and testamentary discretionary trusts.

We will review your circumstances with you and recommend whether a trust is suitable in helping you to achieve your objectives, and if so, which type of trust is the most appropriate vehicle to use.

Testamentary Discretionary Trusts

 

Increasingly we find that testamentary discretionary trusts provide the solutions our clients are seeking.

Benefits for clients and their families and other beneficiaries include:

• Taxation advantages: Testamentary discretionary trusts enable income splitting within beneficiaries’ families
• Asset protection: Testamentary discretionary trusts can protect the inheritance you leave to your beneficiaries in the event of a breakdown in their marriage or relationship. It can also protect assets in the event of a business failure or personal bankruptcy experienced by a beneficiary.

 
Establishing the right trust to match your needs requires expert guidance.
 
Contact Clinch Long Letherbarrow today and we would be pleased to advise you in the important area of trust formation.