Trust Deeds

A trust deed is a legal document that sets up a trust, allowing a person (the trustee) to manage assets on behalf of others (the beneficiaries). It outlines the rules for how the assets should be handled, including how income and distributions will be managed. Trust deeds are commonly used for estate planning, helping to ensure that assets are passed on according to the creator's wishes, avoiding probate, and potentially reducing taxes. Essentially, it's a way to protect and organize assets for future distribution while ensuring they are managed responsibly.