If your business is run through a unit trust structure or even if you hold assets with a third party through a unit trust then a unit holder agreement is vital.

The unit holder agreement normally deals with dispute resolution, confidentiality, restraint, options, valuation methodology and succession. It also states how a unit holder must deal with their units and other unit holders and, if applicable, their commitment to the business.

The importance of a unit holder agreement cannot be overstated. Without such a unit holder agreement the only option to resolve issues or problems is to go to Court with all the associated time and costs that involves.

Duffy Lawyers can provide you with specific advice on an appropriate unit holder agreement for your business or asset holding taking into account all owners circumstances and objectives.