As we approach the end of the financial year all trustees need to consider their trust distributions for 30th June 2025.
Trustee minutes document the trustee’s decision (determination) in relation to the distribution of income to the beneficiaries for the financial year, and many Trust Deeds require the decision to be made and documented prior to the end of the financial year.
This is a reminder for you to make sure you make your determinations before the end of the 30th June, and we provide a link to a pro forma document (below) to help you record the decisions. This document should be dated and signed, and retained by you for your records.
If you have any questions, please contact us on 02 9981 2300.