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Lineal Descendants Discretionary Trust - from $234

PRODUCT INFORMATION

FLEXIBLE LINEAL DESCENDANTS DISCRETIONARY TRUSTS

Lineal descendants discretionary trusts are a useful vehicle that can enable your clients to restrict the distribution of trust assets to the specified beneficiary and their lineal descendants instead of providing for a wide range of general beneficiaries.

The structure of a lineal descendants discretionary trust can be tailored to your client’s requirements, capable of restricting the distribution of both income and capital to the specified beneficiary and their lineal descendants, or enabling the distribution of income to a wider class of beneficiaries (if this is preferred) whilst maintaining the narrow class of beneficiaries for any capital distributions.

The Topdocs lineal descendants discretionary trust also ensures control of the trust is retained by the natural heirs for additional family law asset protection purposes.

Lineal descendants discretionary trusts are often used:

  • to ensure that the property of the trust will remain only with the “blood relatives” of the initial nominated trust beneficiary;
  • where there is a concern that beneficiaries are likely to suffer marital problems;
  • where you wish to maximise the chances that assets will provide for the education and upbringing of children or grandchildren;
  • where tax planning with spouses may not be as high a priority as the protection of the assets from the Family Court’s reach.

TWO UNIQUE DISTRIBUTION OPTIONS

The Topdocs lineal descendants discretionary trust uniquely comes with two distinct options:

Restricted Capital and broad Income beneficiaries

Capital distributions are restricted to the specified beneficiary, their children, remoter lineal descendants and related entities but there is flexibility to distribute income to the specified beneficiary, their children, remoter lineal descendants, spouse / partner, related entities and a wide variety of extended family members.

Restricted Capital and restricted Income beneficiaries

Capital and income distributions are restricted to the specified beneficiary, their children, remoter lineal descendants and related entities only.

download Review the Lineal Descendants Discretionary Trust order checklist download See the list of documents you will receive

EASY ONLINE ORDERING

Topdocs makes the process of ordering your trusts quick and easy. Through our single online application form, you have the option to:

  • register the corporate trustee directly with ASIC;
  • establish the trust;
  • have your ABN and TFN application fully populated online with the Australian Business Register, free of charge; and
  • have your deed stamped by our office (VIC and NSW only).

EVERYTHING YOU NEED TO ESTABLISH YOUR TRUST

The Topdocs lineal descendants discretionary trust package provides your clients with all required documents to commence the trust including important information regarding the stamping of their documents and their responsibilities in maintaining the trust. Your trust is provided by email or in a professional binder if full service delivery is selected.

TRUSTS DRAFTED STATE BY STATE

Topdocs lineal descendants discretionary trusts are drafted on a state by state basis, ensuring the relevant perpetuity period applies to your client’s trust.

WHY ORDER A TOPDOCS LINEAL DESCENDANTS DISCRETIONARY TRUST?

  • It has the ability to protect assets specifically for the lineal descendants of the person for whom the trust has been established
  • Varying options enable income tax planning for spouses and extended family if required
  • Quality trust deed that provides extensive estate planning and tax management strategies including specific appointor provisions
  • Fully provisioned for income streaming
  • Easily ordered online with instant email and full service delivery options
  • Supported by the specialist trust lawyers at Topdocs Legal

MORE INFORMATION

You can learn more about the Topdocs Lineal Descendants Discretionary Trust documentation in the RELATED INFORMATION tab.

Should you have any queries or require more information, please call the team at Topdocs on 1300 659 242.

ORDERING OPTIONS

ORDER ONLINE

Order your document online in three easy steps:

  1. Login or Join the Topdocs Document Portal
  2. Select your document
  3. Follow the prompts and you're done!

LOGIN

If you haven't used the Topdocs Document Portal before, you can join by clicking on the JOIN FREE button and following the prompts.

ORDER BY FORM

Order your document by completing the form below and returning it to us by email or fax.

Should you have any queries or require more information, please call the team at Topdocs on 1300 659 242.

PRICING

ADVISER^
(inc GST)

RETAIL
(inc GST)

INSTANT EMAIL DELIVERY


  • your document is emailed to you immediately once your order is complete and payment has been made

$234


$275


FULL SERVICE DELIVERY


  • your document is professionally printed and bound, reviewed by our legal team where required, then delivered to you by Toll Courier
  • delivery is generally the next day

$374


$440


adviser pricing ^ Adviser pricing is available to accountants, financial planners, SMSF specialists and legal practitioners. This pricing is automatically applied when you join Topdocs and sign into the Document Portal to order your documents.

YOUR DELIVERY OPTIONS

When you order a document you can select how you would like it delivered to you. Your options are:

FULL SERVICE DELIVERY

  • your document is professionally printed and bound, reviewed by our legal team where required, then delivered to you by Toll Courier

Should you have any queries or require more information, please call the team at Topdocs on 1300 659 242.

RELATED INFORMATION

MORE INFORMATION

No Additional Information is available for this document.

Should you have any queries or require more information, please call the team at Topdocs on 1300 659 242.