Trusts Bill 2024 consultation

Prior to the last election, the Palaszczuk Government made a commitment to reform and modernise the Trusts Act 1973 (the Act) in consultation with key stakeholders.

Queensland’s trusts laws were enacted over 50 years ago and are in need of review, simplification and modernisation to ensure they give effect to modern societal expectations. While the Act does not codify the law of trusts, it legislates important matters in relation to trusts.

All Queenslanders are impacted by trust law during their lifetimes, whether it be through deceased persons' estates, businesses or other assets which are owned by family discretionary trusts, superannuation fund trusts or gifts to charitable trusts.

Find out more on the Department of Justice and Attorney-General website.

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Last Updated November 22, 2023, 17:02 (AEST)
Created October 27, 2023, 09:43 (AEST)