Trustees and beneficiaries are an integral part of all trusts, and the success of a trust hinges on both parties understanding their specific duties and rights.
Antunes Lawyers can make the complex task of understanding your rights and responsibilities simple, for trustees and beneficiaries alike.
As a trustee, being aware of your duties is the only way to feel confident and guarantee that you’re complying with the law and avoiding potential legal proceedings against you. For all trustees, your prime responsibility is to act in the best interest of the beneficiary, follow the terms of the trust deed, and fulfil your duties outlined within the Trustee Act 1925 (NSW).
If you are a beneficiary, understanding your rights is key to ensuring that they are protected and enforced. Some beneficiary rights include the right to information, the right to compel performance, the right to restrain a breach, and the right to be considered by the trustee. All of these rights are designed to give you powers to monitor your trust and trustee.
Our lawyers can inform both beneficiaries and trustees of their rights or duties, identify potential risks, mediate disputes, amend trust deeds, or represent you if legal proceedings occur. If you’re involved within a trust and would like to be better informed about your role or need additional assistance, take out the guesswork and contact our team of experts.
Talk to a trust lawyer today.
Geraldine managed my matter in a professional, caring, compassionate and solutions driven way. Her approach favored negotiation over court appearances and sought the best outcome for me and my family. She is very responsive and has a great attention to detail. I was comfortable working with her.
Overall, my experience with the Antunes team has been very positive.
Jovan Raskovic
Antunes is without a doubt the people you need to work with when you face any legal difficulties.They are very responsive, professional, highly knowledgeable and efficient. They have provided us with better outcomes for complex legal issues and obtained better results that what we hoped for.
I highly recommend Antunes, and you won't regret working together with them!
Jay
I was recomended to Margaret Antunes, by chance and was not let down from the initial conversation with Margaret, weekly contact with the lovely professional receptionist Hannah leading to the lawyer allocated to my conveyancing i cannot express enough the superhero that is - SARAH DUONG -kind, quick, intelligent, thorough and professional. the whole package. thank you from my heart xx there is no need to feel powerless and confused there is help highly recommend them to everyone in need of legal advice.
Mia Stanco
When it comes to trusts, you can count on Antunes Lawyers. Our team will ensure that your assets are protected.
Trusts are incredibly effective at protecting assets, but only if they’re carefully drafted. Establishing a trust without careful consideration could leave your assets more vulnerable than before or lead to unexpected taxes.
Our team can help you to determine what kind of trust best suits your needs, draft trust deeds, amend or wind up existing trusts, advise trustees on their obligations and duties, and assist beneficiaries in exercising their rights. When it comes to all things trusts, look no further than Antunes Lawyers.
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