Trusts

Need help setting up a trust? We've got you covered with range of tips for both discretionary and unit trusts.

Do I need to allocate an appointor?

For the purposes of creating your trust you do not need to assign an appointor. It is advisable that you do so to both maintain checks and balances on the trustee (as the appointor can appoint and remove trustees) and in the event that a trustee dies or becomes incapable of fulfilling their duties an appointor can appoint someone in their stead. 

You can easily include an appointer at the time of creating the trust deed by simply electronically ticking a box and adding in the personal details of the appointer. If you would like to add an appointer in future you will need to engage legal services to amend the trust deed for you.  

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Updated — Jul 7, 2017

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