Trusts may be established for a variety of reasons. Often, they will be established for tax and estate planning purposes but the flexibility they offer allows them to be used for providing solutions to other issues such as asset protection.
Meridian provides legal and tax advice in relation to all forms of family trusts and can prepare trust deeds, letters of wishes and other ancillary documents as required during the life of a trust.
The trustees have significant duties and responsibilities. We can assist family members to ensure that they discharge their duties and responsibilities properly. Sometimes there are advantages in appointing professional trustees and we are happy to act as trustees where appropriate and where requested to do so.