A trust is a legal relationship where one person or organisation, called the trustee, is responsible for safeguarding assets for other people or organisation, called the beneficiaries. Trusts are created for a variety of reasons. They can provide ongoing support for a beneficiary under your will, benefit a charity or assist in tax effective estate planning. Trusts enable you to financially provide for those who you love.
State Trustees can provide guidance and assistance to help you choose the best type of trust for your needs. When appointed as a trustee, we will always act in the best interests of those you care about.