Get legal input on a unit trust before ownership and control are locked in

The consultation usually covers the legal points that make a unit trust work in practice. That can include who the trustee will be, how units are held, what rights attach to those units, how decisions are made, and how transfers or changes may be handled under the deed. If you are amending an existing trust, the discussion may also include whether the current deed permits the proposed change. The service is aimed at clarifying those unit-based mechanics and recording them in the trust documents for the agreed setup or update.

This service is often used by business owners, investors, joint venture participants and groups who want ownership interests recorded through units rather than broad discretionary beneficiary rights. It can be useful where each party's economic interest needs to be clearly defined from the outset. Some clients also use it when they already have a unit trust but need one specific legal change, such as updating trustee arrangements or adjusting certain governance provisions. If you are still comparing structures, the consultation can help explain the legal features of a unit trust before documents are settled.

Yes, where the work involves a specific and identifiable change. A lawyer can review the current deed and advise on whether the amendment power is broad enough to support the update you want. That step matters because some deeds contain restrictions, and older trust documents may not deal cleanly with later changes to unitholders, control rights or trustee arrangements. If there have been several prior amendments, competing stakeholder interests, or uncertainty about the trust history, broader review work may be needed before any amendment document is prepared.

After the documents are completed, the next step is usually to sign and implement them correctly. In a unit trust context, that may involve issuing units, recording trustee appointments, updating trust records and making sure the legal paperwork matches the commercial arrangement the parties have agreed. We can explain those immediate next steps as part of the service. Ongoing representation, later operational administration and future rounds of amendments are not included in this fixed-fee, although further work can be arranged if needed.

No. This service covers the legal structure and documents for the unit trust, but it does not include tax advice. That is especially relevant for unit trusts because ownership by units can raise accounting and tax questions about entitlements, transfers and how the structure is used in a wider group or investment arrangement. Many clients choose to obtain accounting input alongside the legal work so the deed reflects the intended commercial structure. If tax treatment is a major reason for choosing a unit trust, it is sensible to get that advice early.

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