{"id":7925,"date":"2017-11-01T12:03:12","date_gmt":"2017-11-01T01:03:12","guid":{"rendered":"http:\/\/www.dbalawyers.com.au\/?p=7925"},"modified":"2020-09-18T05:54:32","modified_gmt":"2020-09-17T19:54:32","slug":"order-trusts-dba-lawyers","status":"publish","type":"post","link":"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/","title":{"rendered":"Why should you order trusts from DBA Lawyers?"},"content":{"rendered":"<p><em>By <a href=\"mailto:dbutler@dbalawyers.com.au\"><strong>Daniel Butler<\/strong><\/a>, Director and <strong>Shaun Backhaus<\/strong>, Lawyer DBA Lawyers<\/em><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-7926\" src=\"http:\/\/www.dbalawyers.com.au\/wp-content\/uploads\/2017\/11\/shakehands-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.dbalawyers.com.au\/wp-content\/uploads\/2017\/11\/shakehands-300x200.jpg 300w, https:\/\/www.dbalawyers.com.au\/wp-content\/uploads\/2017\/11\/shakehands.jpg 600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<h3>Introduction<\/h3>\n<p>While DBA is recognised as Australia\u2019s leading SMSF law firm, it is\u00a0 also well known for it\u2019s great depth of tax and trusts expertise.<\/p>\n<p>In particular, DBA Lawyers offers an excellent discretionary trust deed that is easy to read, provides great flexibility and reflects the latest legislative changes. Also included is a detailed memo, trustee resolutions, covering letter and completion checklist.<\/p>\n<p>The detailed memo includes a summary of the foreign trust purchaser duty and land tax surcharge for many of the relevant States and Territories. We explain, among other things, when a trust may be treated as a foreign trust, when extra foreign duty or extra land tax applies and the key rules and concessions. As this is a complex area, we recommend seeking advice if you have any concerns relating to your trust being \u2018foreign\u2019.<\/p>\n<h3>What\u2019s in DBA\u2019s discretionary trust package?<\/h3>\n<p>Below is a brief summary of the advantages of DBA Lawyers\u2019 discretionary trust package:<\/p>\n<ul>\n<li>We provide quality trust documents with the latest planning strategies (eg, streaming of income and power to allocate expenses to different categories of income).<\/li>\n<li>We work at the coal face handling technical queries on a daily basis and drafting various related trust documents. We also provide ongoing technical support and assistance.<\/li>\n<li>We can specifically tailor our trust deed to minimise the potential for extra duty and extra land tax in respect of real property by excluding certain \u2018foreign beneficiaries\u2019. As noted above, the memo provides a summary of the extra taxes in various States and Territories. Please click <a href=\"https:\/\/www.dbalawyers.com.au\/smsf-taxation\/discretionary-trust-may-unwittingly-subject-extra-duty-land-tax\/\">here<\/a> for an article explain the Victorian foreign purchaser duty.<\/li>\n<li>Our documents are easy to read and easy administer and our lawyers can tailor special changes to suit your particular requirements.<\/li>\n<li>Our documents are regularly reviewed and revised as needed.<\/li>\n<\/ul>\n<p>DBA Lawyers is committed to providing quality documents and excellent service and our documents are prepared and signed-off by a lawyer. As a trust deed typically has a very long lifespan (up to 80+ years), why settle for anything less.<\/p>\n<p>To order a DBA discretionary trust, visit DBA\u2019s website and order online at <a href=\"https:\/\/www.dbalawyers.com.au\/discretionary-family-trust\/\">https:\/\/www.dbalawyers.com.au\/discretionary-family-trust\/<\/a>.<\/p>\n<p>We also offer a range of other trusts including <a href=\"https:\/\/www.dbalawyers.com.au\/products-order-forms\/trusts\/unit-trust\/\">unit trusts<\/a> (that qualify as fixed trusts for tax and NSW land tax purposes), <a href=\"https:\/\/www.dbalawyers.com.au\/smsf-borrowing\/\">bare trusts<\/a>, <a href=\"https:\/\/www.dbalawyers.com.au\/products-order-forms\/trusts\/\">special disability trusts<\/a>, <a href=\"https:\/\/www.dbalawyers.com.au\/products-order-forms\/trusts\/\">child maintenance trusts<\/a>, <a href=\"https:\/\/www.dbalawyers.com.au\/products-order-forms\/trusts\/\">estate proceeds trusts<\/a> and <a href=\"https:\/\/www.dbalawyers.com.au\/products-order-forms\/trusts\/\">super proceeds trusts<\/a>. For further information, please refer to <a href=\"https:\/\/www.dbalawyers.com.au\/dba-price-list\/\">https:\/\/www.dbalawyers.com.au\/dba-price-list\/<\/a>.<\/p>\n<p>For an article explaining our approach to excluding foreign beneficiaries please read our article: \u2018Managing the extra duty and land tax surcharges on foreigners\u2019 <a href=\"https:\/\/www.dbalawyers.com.au\/announcements\/dba-lawyers-discretionary-trust-managing-the-extra-duty-and-land-tax-surcharges-on-foreigners\/\">here<\/a>.<\/p>\n<p style=\"text-align: center;\">*\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 *\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 *<\/p>\n<p>This article is for general information only and should not be relied upon without first seeking advice from an appropriately qualified professional. The above does not constitute financial product advice. Financial product advice can only be obtained from a licenced financial adviser under the <em>Corporations Act 2001 <\/em>(Cth).<\/p>\n<p>Note: DBA Lawyers hold SMSF CPD training at venues all around. For more details or to register, visit <a href=\"http:\/\/www.dbanetwork.com.au\" target=\"_blank\" rel=\"noopener noreferrer\">www.dbanetwork.com.au<\/a> or call 03 9092 9400.<\/p>\n<h3>DBA LAWYERS<\/h3>\n<p>1 November 2017<\/p>\n<div class=\"printfriendly pf-button  pf-alignleft\"><a href=\"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/?pfstyle=wp\" rel=\"nofollow\"  title=\"Printer Friendly, PDF & Email\"><img decoding=\"async\" class=\"pf-button-img\" src=\"https:\/\/cdn.printfriendly.com\/buttons\/printfriendly-pdf-button.png\" alt=\"Print Friendly, PDF & Email\" style=\"width: 112px;height: 24px;\"  \/><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Daniel Butler, Director and Shaun Backhaus, Lawyer DBA Lawyers Introduction While DBA is recognised as Australia\u2019s leading SMSF law firm, it is\u00a0 also well known for it\u2019s great depth of tax and trusts expertise. In particular, DBA Lawyers offers an excellent discretionary trust deed that is easy to read, provides great flexibility and reflects [<a class=\"read-more\" href=\"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/\">read more<\/a>]<\/p>\n","protected":false},"author":22,"featured_media":7926,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29,35,37,40,38],"tags":[],"ppma_author":[138],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why should you order trusts from DBA Lawyers? | Leading SMSF Law Firm<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Daniel Butler\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/\",\"url\":\"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/\",\"name\":\"Why should you order trusts from DBA Lawyers? | Leading SMSF Law Firm\",\"isPartOf\":{\"@id\":\"https:\/\/www.dbalawyers.com.au\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.dbalawyers.com.au\/wp-content\/uploads\/2017\/11\/shakehands.jpg\",\"datePublished\":\"2017-11-01T01:03:12+00:00\",\"dateModified\":\"2020-09-17T19:54:32+00:00\",\"author\":{\"@id\":\"https:\/\/www.dbalawyers.com.au\/#\/schema\/person\/51e17c75fbc6987d17bcc7c68f6879c3\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/#primaryimage\",\"url\":\"https:\/\/www.dbalawyers.com.au\/wp-content\/uploads\/2017\/11\/shakehands.jpg\",\"contentUrl\":\"https:\/\/www.dbalawyers.com.au\/wp-content\/uploads\/2017\/11\/shakehands.jpg\",\"width\":600,\"height\":400},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.dbalawyers.com.au\/#website\",\"url\":\"https:\/\/www.dbalawyers.com.au\/\",\"name\":\"DBA Lawyers\",\"description\":\"Leading SMSF Law Firm\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.dbalawyers.com.au\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.dbalawyers.com.au\/#\/schema\/person\/51e17c75fbc6987d17bcc7c68f6879c3\",\"name\":\"Daniel Butler\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.dbalawyers.com.au\/#\/schema\/person\/image\/2169bc3da061d4bd5f02e1a67c0df79e\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d78c2b0f9e09daf27cca87ab8a52fe85?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d78c2b0f9e09daf27cca87ab8a52fe85?s=96&d=mm&r=g\",\"caption\":\"Daniel Butler\"},\"description\":\"Dan is recognised as one of Australia's leading SMSF lawyers complemented by his taxation and commercial expertise. 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Dan is also a Specialist SMSF Advisor\u2122.\",\"url\":\"https:\/\/www.dbalawyers.com.au\/author\/daniel\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Why should you order trusts from DBA Lawyers? | Leading SMSF Law Firm","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/","twitter_misc":{"Written by":"Daniel Butler","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/","url":"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/","name":"Why should you order trusts from DBA Lawyers? | Leading SMSF Law Firm","isPartOf":{"@id":"https:\/\/www.dbalawyers.com.au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/#primaryimage"},"image":{"@id":"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.dbalawyers.com.au\/wp-content\/uploads\/2017\/11\/shakehands.jpg","datePublished":"2017-11-01T01:03:12+00:00","dateModified":"2020-09-17T19:54:32+00:00","author":{"@id":"https:\/\/www.dbalawyers.com.au\/#\/schema\/person\/51e17c75fbc6987d17bcc7c68f6879c3"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.dbalawyers.com.au\/investments\/order-trusts-dba-lawyers\/#primaryimage","url":"https:\/\/www.dbalawyers.com.au\/wp-content\/uploads\/2017\/11\/shakehands.jpg","contentUrl":"https:\/\/www.dbalawyers.com.au\/wp-content\/uploads\/2017\/11\/shakehands.jpg","width":600,"height":400},{"@type":"WebSite","@id":"https:\/\/www.dbalawyers.com.au\/#website","url":"https:\/\/www.dbalawyers.com.au\/","name":"DBA Lawyers","description":"Leading SMSF Law Firm","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.dbalawyers.com.au\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.dbalawyers.com.au\/#\/schema\/person\/51e17c75fbc6987d17bcc7c68f6879c3","name":"Daniel Butler","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.dbalawyers.com.au\/#\/schema\/person\/image\/2169bc3da061d4bd5f02e1a67c0df79e","url":"https:\/\/secure.gravatar.com\/avatar\/d78c2b0f9e09daf27cca87ab8a52fe85?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d78c2b0f9e09daf27cca87ab8a52fe85?s=96&d=mm&r=g","caption":"Daniel Butler"},"description":"Dan is recognised as one of Australia's leading SMSF lawyers complemented by his taxation and commercial expertise. He has worked predominantly in the fields of tax and superannuation over the past 36 years, is a qualified Chartered Tax Adviser, Chartered Accountant and has an MBA from the University of Melbourne. Dan is a regular seminar presenter on tax and SMSF topics and has published extensively in these areas. Dan regularly presents for the major professional bodies including the SMSF Association, The Tax Institute, Chartered Accountants Australia and New Zealand and DBA Network. Dan is a member of the ATO's Super &amp; Employment Change Committee, The Tax Institute's National Superannuation Committee, the Law Institute of Victoria's Tax Committee and is involved with a number of other tax and SMSF committees. Dan presents on the subject of Taxation of Superannuation at the University of Melbourne's Master of Laws\/Tax program. Dan is also a Specialist SMSF Advisor\u2122.","url":"https:\/\/www.dbalawyers.com.au\/author\/daniel\/"}]}},"authors":[{"term_id":138,"user_id":22,"is_guest":0,"slug":"daniel","display_name":"Daniel Butler","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/d78c2b0f9e09daf27cca87ab8a52fe85?s=96&d=mm&r=g","first_name":"Daniel","last_name":"Butler","user_url":"","description":"Dan is recognised as one of Australia's leading SMSF lawyers complemented by his taxation and commercial expertise. He has worked predominantly in the fields of tax and superannuation over the past 36 years, is a qualified Chartered Tax Adviser, Chartered Accountant and has an MBA from the University of Melbourne.\r\nDan is a regular seminar presenter on tax and SMSF topics and has published extensively in these areas. Dan regularly presents for the major professional bodies including the SMSF Association, The Tax Institute, Chartered Accountants Australia and New Zealand and DBA Network.\r\nDan is a member of the ATO's Super &amp; Employment Change Committee, The Tax Institute's National Superannuation Committee, the Law Institute of Victoria's Tax Committee and is involved with a number of other tax and SMSF committees. Dan presents on the subject of Taxation of Superannuation at the University of Melbourne's Master of Laws\/Tax program. Dan is also a Specialist SMSF Advisor\u2122."}],"_links":{"self":[{"href":"https:\/\/www.dbalawyers.com.au\/wp-json\/wp\/v2\/posts\/7925"}],"collection":[{"href":"https:\/\/www.dbalawyers.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dbalawyers.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dbalawyers.com.au\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dbalawyers.com.au\/wp-json\/wp\/v2\/comments?post=7925"}],"version-history":[{"count":0,"href":"https:\/\/www.dbalawyers.com.au\/wp-json\/wp\/v2\/posts\/7925\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dbalawyers.com.au\/wp-json\/wp\/v2\/media\/7926"}],"wp:attachment":[{"href":"https:\/\/www.dbalawyers.com.au\/wp-json\/wp\/v2\/media?parent=7925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dbalawyers.com.au\/wp-json\/wp\/v2\/categories?post=7925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dbalawyers.com.au\/wp-json\/wp\/v2\/tags?post=7925"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.dbalawyers.com.au\/wp-json\/wp\/v2\/ppma_author?post=7925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}