Company trustee vs individual trustee

This is a decision about discipline.

A company trustee is a more formal operator.
An individual trustee is simpler and lighter.

If the trust will hold serious assets, formality can be a feature, not a burden.

The mini-story: the trust that becomes hard to hand over

A trust runs fine while one person "just handles it".

Then life changes. Someone gets sick. Someone wants to step back. Someone dies.

Now everyone realises the trust was never set up for continuity — it was set up for convenience.

What changes with a company trustee

A company trustee tends to:
- clarify separation (the trust is operated by an entity)
- support continuity (directors can change without rewriting everything)
- feel more "professional" when banks or counterparties are involved

But it also adds:
- an entity to maintain
- extra admin discipline (which is the point)

What an individual trustee optimises for

An individual trustee is:
- quick to start
- lower admin overhead
- easy to understand day one

It can be totally fine for smaller trusts with simple activities.

How Self Managed helps

Whichever trustee type you choose, the success factor is the same:
clean accounts, clean records, repeatable EOFY.

Use:
- Wealth roadmap
- Tax minimisation