A unit trust must have at least one trustee and one unit holder (they cannot be the same entity).
We allow up to 3 individual trustees or 1 corporate trustee to be included in the unit trust.
Up to 20 unit holders are permitted via our unit trust creation platform.
Legally, it is possible to include more trustees and/or unit holders however it becomes administratively extremely difficult to manage if more than this number are included.
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