The Trust Evolve™ price is not just for the Report and the Amendment is not extra – it is included in the price.
Trust Evolve™ includes Expert Review – Report – Amendment – Distribution Guide.
Out team will review all of the deeds for a trust including the original trust deed establishing the trust as well as any previous amendments. Each of the matters outlined in the Trust Evolve™ Terms will be reviewed including, but not limited to, vesting date, foreign person exclusions, income definition flexibility and trustee and appointor mechanisms for succession.
The Trust Evolve™ Report is based on the Expert Review. It outlines the matters reviewed and advises whether they are considered sufficient and remain unchanged or whether they can be improved and have been changed by way of the Trust Evolve™ Amendment.
The Trust Evolve™ Amendment makes changes to the existing trust documents, based on the matters outlined in the Report. A Trustee resolution is also included.
- Risk Assessment Checklist – to mitigate risks associated with trust distributions and identify when further enquiry/advice required.
- Distribution Commentary – to understand how recent tax rulings and judgements in relation to trust distributions impact the way trustees exercise their distribution discretions as well as the practical strategies they should consider.
- Distribution Templates – to assist in the effective distribution of trust Income.
- Template Beneficiary Letters – to correspond with beneficiaries in relation to their entitlements to further mitigate risk.