Thanks for all your replies, indeed I would always advise people to obtain independant legal and accounting advice. The reason I gave Quick Companies a plug was because I was very impressed with the service and the fact Quick Companies uses Gadens Lawyers deeds etc.
If you are interested in well priced structures (companies, trusts etc) I have just set up my latest property trust through Quick Companies. They are quick and cheap and have saved me $$$ in legal expenses. Plenty of good info on their website http://www.quickcompanies.com.au
