Document background
The Declaration of Trust for Shares is essential in Australian business and wealth planning structures where there is a need to separate legal and beneficial ownership of shares. This document is commonly used in family business arrangements, investment structures, estate planning, and corporate reorganizations. It must comply with Australian trust law principles, including both Commonwealth legislation such as the Corporations Act 2001 and state-based trustee acts. The declaration typically details the trust property (shares), identifies all parties, establishes the trust's terms, and sets out the rights and obligations of trustees and beneficiaries. It's particularly valuable when implementing tax-efficient structures, protecting assets, or managing family wealth across generations.
