A Special Disability Trust is a trust fund that is established by the family or carers of an individual who has a severe disability. The Trust aims to ensure that the financial needs required for care, medical treatments and living expenses of the disabled person will be met in the future.
Our team of Camden solicitors are here to advise you if your family member or dependent meets the requirements to have a trust established in their name. We have experience across a variety of family law matters and can draft these trusts to ensure that all documents and deeds are compliant.
There are certain tax concessions available in relation to gifts made to the trust where we can provide advice and refer you, if necessary, to our partnered Accountants and Financial Planners. Alternatively, Family Focus Legal can also work closely with your Financial Adviser or Accountant to ensure that this is a streamlined process.
Ultimately, these Trusts offer peace of mind for parents and carers as they guarantee that their loved one will be financially secure in the future. To learn more, contact our office at 02 4655 4224. Our team of experienced Camden solicitors are here to help you and your family with our expert family law services.
