Description

At some time in the life of any trust it may come to an end. Under the Rule against Perpetuities the trust will last only 80 years; with the exception being South Australia where there is no time limit for the trust. Winding up the trust at the end of its life is known as vesting. Generally the trust deed has a process to vest the trust at the end of 80 years or prior with the trustees or the appointors consent and determination.

► $129.00 (inc GST) – OR provided under your unlimited membership

► The master document has been signed off by Abbott & Mourly and is congruent with Australian law.