Frequently Asked Questions

Establishing a Charitable Trust - Commonly asked Questions and Answers

Why establish a trust?

• People often establish trusts to honour a family member or to keep memories of a loved one alive
• The knowledge that your gift can grow and contribute to the health and wellbeing of Melburnians for years to come is immensely satisfying.

How do I establish a trust?

•    Trusts can be easily established for a modest initial donation
•    Some trusts are started with as little as $2000
•    Trusts can be started by individuals, companies, families or a group of trustees

Can I name my trust?

• A trust can be set up in your own name, a family name or a business name
• If you prefer, you can remain anonymous

What are the benefits of starting a trust?

•    There is no establishment fees
•    All donations are 100 per cent tax deductible
•    Friends, family and even your business can contribute to your trust
•    You have a role in determining your legacy from the outset
•    Your donation will keep on giving forever

How will my trust be managed?

• Your donation is carefully invested to generate income for distribution to charities
• You can nominate the charities you wish to help or leave the decision to our panel of experts

All funds are managed by us with guidance from financial advisors. Our management fee is just one per cent per annum.

To find out more about establishing a charitable trust for yourself, your business or local municipal area, contact Sandie Baskin, Charitable Trusts Advisor on 9633 0030 or sandie.baskin@lmcf.org.au

CREATE YOUR TRUST

Remember a loved one and give to your community forever.