Sorry Butters. I have no contacts in Sydney.You definitely need...

Sorry Butters. I have no contacts in Sydney.

You definitely need the assistance of an accountant to set up both. A good accountant will discuss with you your current situation and plans for the future, as that may determine what trust type you have (there are a handful of different types), what trustees to have in place, and what your deed should include. If you don't personally have a financial/accounting background, these issues are very important to get right at the outset, because changing them after they are set up can legally become difficult.