The By Lawyers Trusts guide has been extensively reviewed, resulting in:
- enhancements to the commentary for readability and ease of navigation; and
- additional precedents and a new hyperlink on the matter plan including:
- Initial letter to client enclosing costs agreement – Discretionary trust;
- Initial letter to client enclosing costs agreement – Unit trust;
- Scope of work – Trusts;
- Deed of retirement of trustee;
- Invoice recital – Trusts; and
- A hyperlink to assist with applying for charity registration for a charitable trust.
Practitioners are also reminded that a new precedent Trust Deed Review Checklist was added to the Trusts guide recently in response to a request from a practitioner.
The checklist is a useful tool for lawyers when:
- preparing a new trust deed on a client’s instructions;
- reviewing an existing trust deed in the course of trust administration;
- reviewing an existing trust deed when acting for the trustees in a transaction involving trust property;
- acting for a client in a transaction where the other party is a trustee, or
- acting for parties in a dispute over a trust, or trust property.
The new Trust Deed Review Checklist is found in folder B. Trusts generally in the By Lawyers Trusts guide.
Trusts is an extensive publication. The commentary deals with all aspects of discretionary trusts, unit trusts, charitable trusts, and special disability trusts. The array of precedents includes deeds and clauses for various iterations of all of those trusts.
At By Lawyers, we love receiving feedback from the law firms using our content, and we are always ready to add helpful new precedents that practitioners need. It’s part of our commitment to practicality and helping lawyers enjoy practice more.
If using our Trusts guide, please don’t hesitate to let us know what you think of the enhancements and additions; you can email us any time at askus@bylawyers.com.au.