Set up trusts Australia

Set up trusts Australia

Make your investments skyrocket with amazing potential returns.

Trusts in Australia are set up to provide a high degree of protection for assets, allowing individuals and families to manage their affairs tax-efficiently.

The structure of trusts varies from state to state, so it is important to understand the nuances before setting up a trust. Establishing trust in Australia begins with understanding the laws relevant to your situation.

Once you clearly understand the relevant laws, seek help from a trust expert to ensure that the setup process is completed and complies with ATO’s laws and regulations.

Need help setting up a trust in Australia? Get in touch with our trust experts today.

Trust set up Australia: How to proceed?

Trust is an essential part of protecting your assets. Here are four ways to set up a trust to ensure your assets stay safe from harm.

Hire professionalHire professional

Hiring a professional, such as an accountant or lawyer, ensure that all legal requirements are met and submitted correctly.

Use online platformUse online platform

Online platforms such as Accuratee's trust establishment service provide guidance and assistance in establishing a trust.

Legal adviceLegal advice

Regardless of which trust setup option you choose, it is advisable to seek legal advice from an expert.

Set up a trust fundSet up a trust fund

If you have a large sum of money or other valuable assets, setting up a trust fund can help protect them from potential risks.

money back

Accuratee offers 30 days money back guarantee to ensure client satisfaction.

Rest assured we always put our clients’ requirements first.

What is the purpose of setting up trust in Australia?

Trust in Australia is established for many purposes and comes in many different forms, such as

  • Trust is established to separate your investment assets from personal or commercial ones to provide liability protection.
  • Trusts are primarily used for investment and business purposes.
  • Trusts established under a will ensure that the deceased family members are provided for from the estate's assets.
  • Property trusts are a great way to hold onto your investment while still getting the benefits of being in control.
  • Superannuation funds are trusts that are set up to provide retirement income and benefits.

Contact us

What process does Accuratee follow?

Fill form

Fill form

To get started, fill out our trust set-up online form so our team can better understand your needs.



Our trust experts assess the information provided in the online form and provide a tailored solution for each unique situation.

Trust Deed

Trust deed

After the assessment, we begin drafting the trust deed, which outlines its terms and conditions.

Setting up

Setting up

We take care of setting up the trust and ensure it meets all the ATOs' requirements and regulations.

Why Choose Accuratee?

The experts at Accurate can help you create the kind of trust that will best suit your needs. Whether it's a family, unit, fixed, or hybrid trust, we'll ensure everything is set up correctly and according to ATO regulations.

  • Professional trust establishment service
  • No hidden fees or surprises charges
  • Immediate communication and affordable service
  • Dedicated trust account managers who are available to answer any questions.
  • Proven track record of providing trusted services in Australia.

Are you ready to get your trust set up? At Accuratee, our outsourced trust setup service is here to help you every step of the way. Get in touch today to learn more about how we can help protect your assets, minimise taxes and ensure the trust tax returns are done correctly.

Call now

Client reviews

Josel Jose

If you're looking for an excellent accounting and tax service, Accuratee is definitely worth considering. The team is very professional and supportive, and the process is streamlined and efficient. Overall, I've had a great experience working with them!

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Frequently asked questions - Set up Trusts

A trust is a legal arrangement where assets, such as property or money, are managed and distributed for the benefit of individuals or organizations. Trusts can provide financial and legal protection, offer tax advantages, and allow for flexibility in terms of asset distribution.

Anyone over the age of 18 with the mental capacity to understand the implications of setting up a trust can establish one.

They are often managed by a trustee, who is responsible for overseeing the trust's assets and carrying out the wishes of the person who established them.

The most common types of trusts encountered in asset protection and estate planning in Australia are:

Discretionary trust: Discretionary trusts are a popular way to deal with taxes, and they can be very flexible in terms of how to share income among family members to maximize tax savings. Here, the trustee has complete flexibility and authority to change the proportions that are distributed among beneficiaries.

Fixed Trust: The fixed trust is a type of estate planning where the beneficiary receives set proportions, usually based on terms mentioned in your will or instrument. Here, the trustee does not have any right to change this proportion unless specified while creating it.

Unit Trust: In a unit trust, the trust property is split into several defined shares known as units. Here, the beneficiaries subscribe for units in much the same way as shareholders subscribe for shares in the company. This trust is commonly used for people to ‘pool’ their money together and make investments.

Hybrid Trust: A hybrid trust combines elements from both discretionary and fixed trusts. This type of trust allows for more flexibility than a fixed trust, while also providing some asset protection benefits to the beneficiaries.

A trustee is a natural person or a company that holds legal title to the trust property and owes a duty of care to the beneficiaries with respect to that property

A settlor, also known as the creator, is the individual who has the responsibility to establish the trust and transfer property to a trustee.

Beneficiaries are the person, object, or purpose that is designated to receive the benefits of trust property. The benefits can take the form of an income distribution, a capital distribution, or a combination of the two.

To ensure that your trust complies with all federal and state laws, you will need to register for the following:

Australian Business Number: The trustee needs to register an ABN for the trust if the trust is planning to set up business in Australia.

Trust File Number (TFN): A trust must have its own TFN to use while filing its annual tax return. The trustee can apply for it on the ABN application form.

Goods and Service Tax (GST): If the trust is carrying on business and its turnover is $75,000 or more, the trustee must register for GST. For non-profit organizations, the registration threshold is $150,000.

There is no straightforward answer to the question of how much it costs to set up a trust account in Australia.

This is because the fees and other associated costs will largely depend on various factors, including the type of trust you are creating and whether or not you are using a professional trustee to help manage your account.

Although setting up a trust requires both time and money, many benefits can be gained from the process, such as asset protection, tax advantages, and estate planning. Therefore, it is important to consider all the factors before making a decision.

Also, it is recommended to consult with an accountant or legal professional to get an accurate estimate of what your specific trust setup might cost.

Setting up a family trust in Australia can provide a range of benefits. Here are a few of them:

Cost-effective: Family trust is a cost-effective way to manage your assets, as it is relatively easy to set up and maintain compared to other forms of asset structures.

Asset Protection: Setting up a family trust can help protect your family’s assets from creditors and legal issues.

Minimizing tax: Helps minimize the tax liability across the family unit, by distributing income among different members.

Flexibility: The trust provides great flexibility to families when it comes to dividing tax burden and safeguarding family members and assets.

Planning for retirement saving: The flexible structure of the trust allows you to accumulate wealth that can supplement superannuation or retirement savings.

Book a meeting with us

Take advantage of all our trust set up services can offer you by scheduling a call now!