Frequently Asked Questions

For a company / superfund corporate trustee set up we charge $550 plus GST.
Establishing  a trust we charge $90 plus GST.
Self managed super funds are only $90 plus GST.

For a complete break down of our prices check out our price list page.

We are based in Melbourne and have access to offices Australia wide.

Our clients cover Australia and range from large multi-national chartered accounting firms to small solo accounting and financial planning practices. We provide the same high standards and low costs to all clients, no matter how large or small.

Our technical support is virtually unlimited. McMasters’ has more than 80 professional staff located in Melbourne and Ho Chi Minh City Vietnam, and our accountants, financial planners and solicitors are amongst the most experienced in Australia. Ring our principal, Terry McMaster, on 03 9583 6533 or e-mail terry@mcmasters.com.au and we will do our best to help you get on track with your clients’ technical concerns.

And if we cannot help you, we probably know someone who can.

Our prices are so low because we have created a fully automated document preparation system which does not rely on costly labour to complete the documents and deliver them to you.

We pass this cost saving on to you, and to your clients.

Our documents have been used by thousands of accountants, solicitors and financial planners around Australia. We constantly up-date our documents in response to client questions and requests.

The McMasters’ legal team is primarily responsible for quality controlling our documents, and as an additional quality control we review them regularly with outside counsel.

The documents are delivered to your PC’s in-box in electronic form, with your firm’s logo (if uploaded) and ready to be provided to your clients for signing. SMSFs and trusts are virtually instantaneous.

Orders involving companies take a bit longer due to the need to liaise with ASIC. Normally company orders are completed the same day, but occasionally orders placed late in the day or after 5.00pm are not completed until early the next morning.

First, let us know of your concerns and if at all possible we will amend the documents to meet your expectations. If this does not help we will refund your fee (except for ASIC disbursements) under our unique money back guarantee. This guarantee has never been invoked, and we expect it never will. But its there to protect you and to make sure you are happy with our service and our documents.

Yes you can. We believe our documents should market your firm to your clients, so your logo features prominently on all documents and allows you to present to your own clients.

If you need assistance uploading your logo please contact Jon at jon@legaledocs.com.au

We can get an Australian Business Number for you or you can do it yourself. The ASIC link is here: ASIC ABN link

We can get a Tax File Number for you or you can do it yourself. The ATO link is here: ATO TFN Link.

Not a problem. Just contact Terry McMasteror Alix Dower on 03 9583 6533 or terry@mcmasters.com.au or Alix on alix@mcmasters.com.au and we will arrange for your documents to be customised. There is no charge for minor changes but there may be small charges for larger changes, to be agreed with you before any work is done.

ASIC’s website explains everything you need to know about replaceable rules and you can access this information here: ASIC information on replaceable rules.

ASIC’s website explains everything you need to know about a company director’s responsibilities and you can access this information here: ASIC information on company directors. We recommend you pass this information to your clients each time a company is set up.

Yes we can. In fact we pioneered this type of project. Examples include:

(i)                  amending all client trust deeds to comply with changing ATO requirements without triggering a re-settlement of the deed;

(ii)                amending all client SMSF deeds to comply with changes to the superannuation law: recommended every three years; or

(iii)               amending all client company constitutions to comply with changing ASIC requirements.

Legaledocs can handle projects like this for you from go to whoa, including providing standard letters to send to clients to explain the changes and the reason for it. Most accounting or financial planning firms will charge at least $300 plus GST for facilitating an amending deed, and after our cost of $90 this leaves $210 profit per client. Some clients have made more than $100,000 extra profit through this exercise.

Yes. Legaledocs provides SMSF back office services to accountants and financial planners. This is a complete service covering all compliance responsibilities including preparing the annual accounts and related documents, the annual ATO return, audit and tax compliance.

This back office service is offered to all accounts and financial planners and is a great way of developing a low cost and low risk SMSF administration practice.

Legaledocs, via McMasters’ Accountants, can do it all for you.

The average fee is $600 per SMSF, including audit. Prices vary according to the number of transactions and complexity: contact Terry McMaster on 03 9583 6533 or terry@mcmasters.com.au for more information.

The work is done by Australian trained and qualified CPAs under the supervision of Terry McMaster and the other McMasters’ directors.

Simple. Just ring Terry McMaster or Alix Dower on 03 9583 6533 or e-mail terry@mcmasters.com.auor alix@mcmasters.com.auand we will do our best to answer your question or provide extra information about issues of concern to you.