Trusts & Estates Lawyers in Sydney

Discretionary trusts are asset ownership arrangements that help protect personal assets from company debts or liabilities.  Discretionary trusts allow the person or people managing the trust to choose

• who can benefit from the trust and
• how much money beneficiaries will receive.

As part of our business structuring services, we have trust lawyers prepared to advise and assist businesses in setting up discretionary trust arrangements to drive their businesses to success.

Benefits of discretionary trusts for businesses

Tax-efficient Income Distribution

The trustees assigned through a discretionary trust have the capacity to allocate income to beneficiaries based on their tax circumstances, potentially reducing the tax liability for the beneficiaries and the trust. 

Estate Planning

Unlike assets held in personal names, which may require costly and complex probate processes, assets in a trust can be distributed more smoothly according to the terms of the trust deed, bypassing lengthy legal procedures, saving time and money for the trustees and the beneficiaries.

Asset Protection

Since the trust, rather than individuals, legally own the assets, they are shielded from personal liabilities such as creditors or legal claims against beneficiaries. This can safeguard the long-term viability of the business and protect its assets from risks.

Beneficiary Income

Trustees can adjust income distributions based on business performance or the financial needs of beneficiaries, providing a reliable source of income while maintaining control over trust assets.

Our Discretionary Trust Services

The H+A Legal team is ready to help you navigate the intricacies of discretionary trusts, we specialise in: 

• Trust Establishment
• Beneficiary Rights and Distributions
• Trust Amendment
• Asset Protection
• Disputes Resolution
• Succession Planning

Empower your business with our structuring services.

Whether you are looking to establish a new discretionary trust or amend an existing one, our H+A Legal estate lawyers offer comprehensive assistance at every stage of the process.

In addition to trust services, we provide a range of legal solutions for business structuring, such as terms and conditions, commercial lease negotiation, employee share scheme implementation, shareholder partnership agreements, and more.

By choosing H+A Legal as your trusted legal partner, you can lay a robust foundation with our expert guidance and solutions that lead to your success, empowering your business for long-term stability and growth.