The legal disciplines of asset protection and trusts are based on creating strategic measures for the protection of family assets, business assets, business control and intergenerational transfer, amongst other things. In order to encourage prospective clients to act earlier and to take measures to seek legal advice, rather than to act when it’s too late, we offer three types of costing in asset protection matters and trusts matters:
Fixed fee – We try to offer as much of our services as possible, at an agreed and negotiated fixed fee. For example, we offer trust set-ups, including the establishment of discretionary trusts or family trusts, at a fixed fee, based on the complexity and variables we are instructed to include in the trust. The advantage of fixed fees is the commercial certainty that it provides our clients, which aids them in their budgeting. Transparency is just as important to us as it is to our clients.
Hourly rate – We charge on an hourly basis in matters where it is difficult to predict the amount of time the work will take. For example, where we are instructed to investigate and advise on a complicated trusts matter. The hourly rate for all legal work performed by any Solicitor of the firm (Director, Associate Solicitor or Solicitor) is $ 290.00 plus GST. All legal staff junior to Solicitors are charged out at rates lower than this, depending on their experience and the type of work they are performing on your matter. Where we are charging on an hourly rate basis, we have a policy of having each task performed by the least expensive person with the requisite experience and where appropriate - this ensures cost effectiveness for our clients. We recognise that the most prevalent problem with charging at hourly rates is a lack of transparency. That is why we ensure that our clients are provided with a written estimate of costs, up-front, prior to commencing the work. We also give our clients the opportunity to question and negotiate our costs.
Staged billing – Staged billing is a milestone-based costing regime that sets a certain fee payable for each stage of the process. Similar to fixed fees, staged billing is a transparent costing system where you will know exactly what you are paying and how much you will be paying, at each stage of your matter. We do our best to dissect the matter into stages. In our discretion, we offer staged billing in some complicated and protracted matters.
By having three different types of Fee Structures, our clients rest assured knowing that they will not be hit with an unexpected invoice at the conclusion of their matter. It is important to us that our clients understand how we charge in Asset Protection & Trusts matters.
- We have been operating since 2001
- Very experienced in Asset Protection
- We act for family structures and trusts
- We earn client confidence and respect
- Our staff are humble and hard working
- Senior staff hold Honours Law degrees
- Senior staff personally oversee your file
- We promptly return phone calls and emails
- We have a 'can do culture' - we deliver
- We have regular repeat business
This webpage (and any material or wording appearing on this webpage) is provided for general information purposes only and does not constitute any Legal Advice. It does not take into account your objectives, your instructions or all of the relevant facts and/or circumstances. Navado accepts no responsibility to any person who relies on the information provided on this website. We further refer you to our Disclaimer.
Date: Jan 23, 2012
Tags: legal, asset protection general
Asset protection is a discipline that focuses on the security of an individual’s assets against claims or liabilities. Asset protection should be an important consideration for individuals, groups, partners or families that operate businesses or part…
read more
Date: Jan 23, 2012
Tags: legal, asset protection general
There are a variety of benefits that can be derived from setting up a trust, including asset protection and tax minimisation. However, depending on your particular situation, goals and objectives, a trust may not be suitable. In a commercial sense, t…
read more
Date: Jan 23, 2012
Tags: legal, asset protection general
Generally speaking, a trust is a relationship where a party, known as the trustee, holds property for the benefit of another party, the beneficiary. Trusts can arise as a result of express intention and implied intention (being resulting and construc…
read more
Date: Jan 17, 2012
Tags: legal, asset protection general
This is a question that can only be examined upon a close and detailed inspection of your unique situation. Even then however, it is not always possible to canvass each and every contingency or event that can occur. Our Asset Protection Lawyers focus…
read more
Date: Jan 17, 2012
Tags: legal, asset protection general
Certain variations or modifications to existing trust deeds may be considered recreations or resettlements of the trust. Resettlement or recreation has generally been defined by Courts to encompass a fundamental alteration to the trust deed as formed…
read more
Date: Jan 17, 2012
Tags: legal, asset protection general
The concept of trusts as a whole can be difficult to understand. Before we can answer the question “what is a trustee?”, it is firstly necessary to explore the basic concept of trust structures. Normally, when a person owns property, they own both th…
read more
Date: Jan 17, 2012
Tags: legal, asset protection general
The majority of discretionary trust deeds probably contain a provision or clause which designates an appointor or appointors. The appointor’s primary role is to nominate new trustees and remove existing trustees of the trust. The appointor is therefo…
read more
If you require assistance with a matter, you should make an appointment to see one of our Lawyers in one of the following locations:
- Sydney
- Parramatta
- North Sydney
- Hurstville
- Liverpool
- Gordon
- Baulkham Hills
- Campbelltown
- Bondi Junction
- Trusts Lawyer Sydney
- Asset Protection Lawyer Sydney
- Trusts Lawyer Parramatta
- Asset Protection Lawyer Parramatta
- Trusts Lawyer North Sydney
- Asset Protection Lawyer North Sydney
- Trusts Lawyer Hurstville
- Asset Protection Lawyer Hurstville
- Trusts Lawyer Liverpool
- Asset Protection Lawyer Liverpool
- Trusts Lawyer Gordon
- Asset Protection Lawyer Gordon
- Trusts Lawyer Baulkham Hills
- Asset Protection Lawyer Baulkham Hills
- Trusts Lawyer Campbelltown
- Asset Protection Lawyer Campbelltown
- Trusts Lawyer Bondi Junction
- Asset Protection Lawyer Bondi Junction