1300 784 667 (1300 QUINNS) [email protected]

"Legal and accounting
advice in easy to
understand language."

"Do you need to restructure
your business in order to
maximise its potential?"

"4 convenient office
locations - you come to
us or we come to you."

"Save time and money by
having one firm for all your
legal and accounting needs."

"We can help you on
the path to achieving
your business goals."

"Giving our clients the
best integrated legal and
accounting advice."

Protective Trust

Protective trusts are often established to ‘protect’ the capital and income of a person with a disability. For example, if a person is severely injured in a car crash and ends up mentally incapable of administering their affairs a protective trust may be established to protect any monetary damages awarded to that person.

The money/property is held on trust and can only be spent for the benefit (e.g. medical, rehabilitation, education etc.) of the injured person. As the money/property are held on trust they are ‘protected’ from creditors etc. of the beneficiary.

Protective trusts are also used by parents wishing to give money or property to a child but are concerned by a possible claim by the child’s spouse or de facto partner should the relationship come to an end. Whether such trust work for these purposes is questionable.

If you would like more information on trust structures and want to learn more about the most appropriate type of trust or trusts for your situation, please click here to submit an online enquiry form or call us on 1300 QUINNS (1300 784 667) or on +61 2 9223 9166 to arrange an appointment.

Express Enquiry

10 + 14 =

© The Quinn Group Australia Pty Ltd ABN 86 078 526 860

The Quinn Group operates Quinn Consultants, Quinn Lawyers, Quinn Financial Planning and Quinn Financial Solutions. The Quinn Group provides related information in regard to legal, accounting and financial planning issues. Liability limited by a scheme approved under Professional Standards Legislation* *other than for the acts or omissions of financial services licensees.