Trusts

Need help setting up a trust? We've got you covered with range of tips for both discretionary and unit trusts.

What happens if I lose the trust deed?

Please do not lose the trust deed! There are many issues that can arise if you lose the signed deed, including re-settlements and the validity of the deed itself.

To avoid losing the deed, do these things:

  • After the deed has been signed by the settlor and trustees, scan it and distribute the deed to trusted parties – an accountant, lawyer and of course, the trustee and settlor
  • Don’t keep all copies of the deed in one place – for example, filed in one location and on a hard drive kept in that same place

This information is of a general nature only and does not constitute professional advice. You must seek professional advice in relation to your particular circumstances before acting.

Updated — Sep 7, 2015

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