Trust Formation Business Setup & Software Setup

Complete trust formation with corporate/individual trustee, including trust deed preparation, ABN/TFN applications, and compliance setup. Basic discretionary family trust structure. Software setup (your choice of accounting software) including invoice template setup. Note: Software subscription costs are billed directly to you by the software provider and are not included in our service fee.

What’s Included:

• Checklist of issues to consider regarding your finances and running a trust (e.g., trustee duties, beneficiary considerations, tax obligations, etc.)
• Trust deed preparation (standard discretionary family trust)
• ABN and TFN applications for the trust
• Trustee appointment documentation
• Basic beneficiary documentation setup
• GST registration assessment (if required)
• Tax obligation overview booklet (trust tax, distribution tax, GST)
• ATO compliance calendar setup
• 60-day email support

Does Not Include:

• Setting up a business bank account
• Complex trust structures or specialized trust types
• Legal advice on trust structures (recommend consulting a lawyer for complex arrangements)
• Ongoing accounting software costs (from $0-80/month depending on software selection and business needs) – you will be billed directly by the software provider
• Annual trust tax return preparation
• Annual trust resolution preparation

This purchase is subject to completion of Useful Money Stuff Accounting’s engagement agreement, which will be provided after purchase. A draft version can be downloaded here. We reserve the right to accept or decline clients based on our service capabilities and professional standards. Work will commence only upon mutual acceptance and signing of the engagement agreement. Refund available less merchant fees if engagement terms are not accepted or full refund if we are unable to proceed with your engagement.