A Bare Trust is established to allow a Superannuation Trust to borrow money for purchasing assets like real estate, listed securities, units in a Unit Trust and even works of art. The Bare Trust holds these assets in trust for the Superannuation Trust without it being exposed to the usual risks associated with borrowing money.
Patricia Holdings also offers a version of the Bare Trust Deed that is suitable for use at the National Australia Bank. Please let us know when ordering your deed if you require this version.
If you are seeking a Bare Trust whose Beneficiary is not a Superannuation Trust, please contact our team.
What is included?
- A4 binder (white or grey)
- 3 (2 bound, 1 loose leaf) copies of trust
- Instruction sheet
- Stamping instructions
- Statutory Declaration