Family Trusts
Family Trusts afford protection for a person’s assets in various circumstances. The timing of forming a family trust is as important as the reasons for setting up a trust. There are many factors to be considered before setting up a trust including existing relationships, whether there are any children, who the trustees will be and what the settlors’ intentions are.
Charitable Trusts and Incorporated Societies
We can assist those looking to set up a charitable trust or an incorporated society. While there are some similarities there are also many differences between the two structures.
What is the best option for your organisation, how much control do the officers or trustees have, can an incorporated society gain charitable status, what happens to assets owned by a trust or society when they cease trading?
Many people involved with trusts and incorporated societies are unaware of what they can and cannot do as an officer or as a trustee of an incorporated society or trust. Let us make things a little easier to understand.
We can assist right from having the society or trust incorporated to, assisting members with the winding up of a trust or society. We can also help you through the process of re-registering your incorporated society under the new act.
Our services include the following:
- Family Trusts – establishing & winding up
- Charitable Trusts and Incorporated Societies – establishing
Useful information from The Law Society