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Trust Law

Adornato Law can assist you with structuring your business or investments through discretionary and family trusts.

Trusts can be used as a tax minimisation strategy; as a means of providing shared income for family members; to minimise the risk of creditors making a claim against your assets; and to place valuable assets out of the direct control of individuals at risk of making poor decisions that may affect a number of stakeholders involved.

One type of discretionary trust is a family trust. A trustee (frequently one of the family members) is elected to hold assets in their name for the benefit of a group of beneficiaries. Although one or more person can be elected as trustee, so to can a company. This is beneficial in terms of avoiding difficulty experienced in situations such as the death of a trustee, or in circumstances where a trustee is declared bankrupt.

Adornato Law can assist you with:

  • Drafting trusts
  • Reviewing trusts to ensure they comply with financial and trust-related legal requirements
  • Advice for your accountant to make suitable arrangements
  • Advice for structuring your trust in ways to minimise the chance of claims being made under family law or debt recovery proceedings.

Contact us to find out more or to arrange a consultation with an experienced trust lawyer in Biloela.

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Adornato Law Firm

We provide professional legal advice with respect, integrity and professional services.

Being available to the client and gives clients value for money within their budgetary limits.

Our Focus

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Our Advantages

  • Respect – valuing each person’s contributions equally and working together to achieve outcomes that meet client expectations.
  • Integrity – dealing honestly with clients and ensuring effective communication is maintained throughout all dealings in a prompt, professional and authentic manner.
  • Service – providing service that gives clients value for money within their budgetary limits, being available to the client and ensuring the client feels in control of their matter.

 

“Liability limited by a scheme approved under professional standards legislation.”

Our Services

  • Business & Commercial
  • Buying Property
  • Divorce & Family Law
  • Executors & Probate
  • Real Estate Contracts
  • Retail & Commercial Leases
  • Selling Property
  • Trust Law
  • Workplace Relations Law

Contact Us

  • 28 Gladstone Rd, Biloela, QLD 4715
  • PO Box 982, Biloela, QLD 4715
  • 07 4992 3600
  • 07 4992 3675
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