Create your documents in minutes. Securely stored in your dashboard.
Update your discretionary trust to exclude foreign person from $220. The Deed of Variation amends a discretionary trust to exclude any foreign beneficiaries who are classified as a foreign person under the current relevant law from receiving distributions of income or capital from the trust. This document serves to exclude any foreign person who is not named as a beneficiary. Once the deed has been executed, the variation is irrevocable and cannot be amended in the future.
Various state governments in Australia have introduced tax surcharges for foreign persons who hold or acquire interests in property within a particular jurisdiction. If you are a foreign purchaser and you acquire property, as well as land transfer duty you may have to pay foreign purchaser duty (additional duty) or surcharge land tax. Surcharges include:
The definition of foreign persons is formulated by various laws. You may be a foreign person if you meet the requirements of these acts:
Issues that may not be contemplated by drafting a deed of variation may include:
We provide high quality documentation which is carefully drafted by our in-house lawyers. Other firms provide out of the box solutions for all clients, here at Abbots we provide tailored documents based your needs. We invest time in ensuring all documents are current and compliant.
We provide a premium service. We understand that each client has individual requirements and as such we tailor our service to ensure you are creating your documents in a timely and accurate manner. We pride ourselves on going the extra mile to ensure our clients are satisfied.
Our innovative platform allows for your documents to be created within minutes. Our easy online ordering system allows all your procedures to be stored indefinitely for you to download when you require.
For over three decades Abbots has remained the most competitive provider of legal documentation. We constantly review our costs and ensure that our clients are not paying more than they have too.
We provide integrations with our partners which makes ordering easier. Integration with BGL allows company file data to be exported into your software from the minute your company was incorporated.
We provide an easy ordering process that ensures our clients can efficiently place orders. Clients can also submit handwritten orders. All forms are easily accessible under our resources tab.