Trust Set-Up

Trust Set-Up Services for Australian Taxation

At MKS Taxation, we specialize in setting up and managing trusts for individuals and businesses across Australia. Whether you are looking to protect your assets, minimize taxes, or ensure a smooth transfer of wealth, we provide expert guidance to ensure your trust is structured in compliance with Australian tax laws.

Why Set Up a Trust?

A trust can offer numerous benefits, including:

Asset Protection: Safeguard your wealth from creditors and lawsuits.

Tax Minimization: Structure your trust to take advantage of tax efficiencies and offsets.

Estate Planning: Ensure a smooth transition of assets to beneficiaries without lengthy legal procedures.

Flexibility: Choose the type of trust (discretionary, family, unit) that best suits your needs.

Our Trust Set-Up Process

Consultation

We begin by understanding your unique financial situation, goals, and requirements for setting up a trust. Whether it's for asset protection, succession planning, or tax planning, we’ll provide tailored advice.

Choose the Right Trust Structure

Trusts can be structured in many ways. We’ll help you choose the most suitable type of trust for your needs:

Family Trust: Common for asset protection and distribution of income.

Discretionary Trust: Offers flexibility in income distribution among beneficiaries.

Unit Trust: Suitable for business ventures and partnerships.

Trust Deed Drafting

A trust deed is the legal document that governs the operation of your trust. Our expert team ensures your deed is meticulously drafted to meet legal requirements while aligning with your objectives.

Tax Planning & Compliance

We ensure your trust is structured in the most tax-efficient way, taking into account Australian tax law and the Australian Taxation Office (ATO) guidelines. We also assist with ongoing compliance to avoid penalties or audits.

Ongoing Support

Trusts require ongoing management. We provide regular reviews and updates to ensure your trust remains aligned with your financial goals and complies with any changes in tax regulations.

Benefits of Our Trust Set-Up Services

Expert Advice: Benefit from our in-depth knowledge of Australian taxation laws and trust structures.

Compliance: We ensure your trust is compliant with ATO regulations and guidelines.

Tailored Solutions: Our services are personalized to suit your financial and legal objectives.

Peace of Mind: With our expertise, you can trust that your trust is set up correctly and efficiently.