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VIDEO · 23 JULY 2025

It depends – Trust vesting

Cooper Grace Ward
Cooper Grace Ward
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Cooper Grace Ward

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Transcript & link to video - from 1/8/25, Qld trusts may vest after 125 years, but deed terms & legal steps determine if extension is possible.

AustraliaCorporate/Commercial Law

In this edition of It depends, partner Clinton Jackson discusses the peculiarities of trust vesting.

If you have questions on this topic, including what the new 125-year rule in Queensland could mean for you, join our upcoming webinar on 29 July.

Register here: https://cgw.com.au/event/webinar-when-does-my-trust-end-and-why-does-it-matter-the-complex-question-of-trust-vesting/

Video Transcript

Hi, and welcome to this episode of It depends. Today, we're going to be talking about the new 125-year vesting date that applies for trusts in Queensland from 1 August 2025.

What is a vesting date and why is it important?

The vesting date for a trust is important because it's essentially the date on which a trust will end. Now, what that actually means will depend on the particular trust itself, and the wording of the trust deed. However, at the very least, when a trust ends, the discretionary powers that a trustee has, effectively cease, and that trust

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This publication is for information only and is not legal advice. You should obtain advice that is specific to your circumstances and not rely on this publication as legal advice. If there are any issues you would like us to advise you on arising from this publication, please contact Cooper Grace Ward Lawyers.

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