PARTNERSHIP AGREEMENT BETWEEN TRUSTEES
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PARTNERSHIP BETWEEN TRUSTEES
A partnership agreement between trustees is a formal document that outlines the terms and conditions under which trustees will collaborate in managing a trust or an estate.
Having a clear partnership agreement can help ensure effective collaboration, minimise misunderstandings, and protect the interests of the beneficiaries.
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PARTNERSHIP AGREEMENT
A partnership agreement including natural persons and family trusts as parties. This agreement:
May be adopted by an existing partnership that is already trading
Family trusts of each partner are included as parties and may share in partnership profits. This allows maximum flexibility in terms of minimising tax and incoming distribution
INCLUDES GST
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