Blind Trust

In Australia a "blind trust" is the term given to a trust in which it is not apparent who are the real beneficiaries. That is, most (if not all) of the beneficiaries are not named in the trust deed.

Blind trust are commonly used in international tax planning where a trust which will derive significant income is established in a tax haven - an Australian resident taxpayer who is not specially named in the trust deed may be able to say he or she does not have any interest in the trust. They are also sometimes used by individuals to hid assets from their creditors, relatives or sponsors.

If you would like more information on trust structures and the most appropriate 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.