What is an Appointor?

The appointor is the person, or persons, have the power to appoint and remove the trustee of the trust. However the powers conferred on the Appointor are determinative of the trust deed. 

Appointors are more commonly used in discretionary trusts, whereby there may be disagreement amongst the beneficiaries, the Appointor often acts as the mediator.

The Appointor can also be a beneficiary of the trust.

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Updated — Jul 7, 2017