If you have a specific purpose in mind when it comes to utilising your assets, a specific purpose trust might be the perfect choice for you. Our lawyers can draft custom-made deeds to suit any purpose you require.
Specific purpose trusts play a unique role within the trust world and require a uniquely specialised lawyer. Antunes Lawyers are more than fit for the task.
Like traditional trusts, specific purpose trusts still require a trustee to manage the trust, comply with their fiduciary duties under the law, and follow the requirements of the trust deed but this is where most of the similarities end. Unlike traditional trusts, specific purposes do not have any beneficiaries or a charitable purpose, and when their purpose is fulfilled, the trust is vested unless the deed states otherwise.
Specific purpose trusts are most commonly used to purchase or maintain a burial plot after the original asset holder is deceased, to pay for the care of animals that are considered assets (such as a racehorse), or to fund projects and initiatives that aren’t created by registered charities. If you think a specific purpose trust might be the right fit for your needs, our lawyers can assist you in taking the next step.
Talk to a Specific Purpose Trust lawyer today.
HIGHLY RECOMMEND Antunes Lawyers and I can’t thank Victoria, Tony and the whole team enough.
My main lawyers were Victoria and Tony, however, the whole team at Antunes was amazing. I had started my proceedings with another firm, however, I felt I was just another number to them and was wasting my time and money. So I went to Antunes to get a second opinion and right from my initial meeting I felt like I was being heard and Victoria put my worries and concerns at ease. Victoria is very professional, responsive, organised and was well prepared. She has a very good understanding of the family law system. The level of understanding, dedication and professionalism in ensuring the best possible outcome, were second to none. I was really impressed with their communication skills, Victoria explained everything very clearly , kept me updated and answered all my questions. She has been a constant support throughout the whole process, I have confidence in her ability to get the job done whilst having my best interest at heart. I’m now financially separated from my ex and on my way to being happily divorced with a parenting plan in place. Thanks to Victoria I’m ready to make a fresh start to my life. I highly recommend them to anyone. My dad now is using another lawyer from Antunes for his civil case.
Liz Donnelly
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
Antunes Lawyers are exceptional. They provide up to date advice and are practical and generous with their time and expertise. Both Tim and Jasmin have been quick to respond and provide practical, care-driven solutions. I am very appreciative of both Tim and Jasmin and their client focus and dedication to achieving the best possible outcome. I highly recommend this trustworthy team.
Anthony B
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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