Trusts and Estate Planning

Although trusts are very widely used in commercial and other contexts in Australia, they are extremely complex and very often significantly misunderstood. One of the many reasons for their use is taxation efficiency. However, in many cases the complexity of the law surrounding the taxation of trusts means that a good deal of skill needs to be brought to bear when operating them properly.

Munro Doig can assist clients with:

• Establishing a trust
• Advising on the operation and vesting of different trust structures
• Trust succession and control
• Advising on taxation implications
• Drafting complex wills and advising on tax implications
• Establishing discretionary trusts
• Preparing enduring powers of attorney
• Advising on asset protection in the context of blended families
• Estate administration and obtaining probate