If you have a specific purpose in mind when it comes to utilising your assets, a specific purpose trust might be the perfect choice for you. Our lawyers can draft custom-made deeds to suit any purpose you require.

Specific purpose trusts play a unique role within the trust world and require a uniquely specialised lawyer. Antunes Lawyers are more than fit for the task.

Like traditional trusts, specific purpose trusts still require a trustee to manage the trust, comply with their fiduciary duties under the law, and follow the requirements of the trust deed but this is where most of the similarities end. Unlike traditional trusts, specific purposes do not have any beneficiaries or a charitable purpose, and when their purpose is fulfilled, the trust is vested unless the deed states otherwise.

Specific purpose trusts are most commonly used to purchase or maintain a burial plot after the original asset holder is deceased, to pay for the care of animals that are considered assets (such as a racehorse), or to fund projects and initiatives that aren’t created by registered charities. If you think a specific purpose trust might be the right fit for your needs, our lawyers can assist you in taking the next step.

Talk to a Specific Purpose Trust lawyer today.

Talk to Antunes

When it comes to trusts, you can count on Antunes Lawyers. Our team will ensure that your assets are protected.

Trusts are incredibly effective at protecting assets, but only if they’re carefully drafted. Establishing a trust without careful consideration could leave your assets more vulnerable than before or lead to unexpected taxes.

Our team can help you to determine what kind of trust best suits your needs, draft trust deeds, amend or wind up existing trusts, advise trustees on their obligations and duties, and assist beneficiaries in exercising their rights. When it comes to all things trusts, look no further than Antunes Lawyers.


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