Who can be a trustee?

A trustee must:

• Be at least 18 years of age
• Not have a legal disability
• Have the capacity to own property
• Be aware of the role they are accepting and their responsibilities. The trustee must sign the trust deed when setting up the trust. This is usually a sign that they are aware of and accept the role.

A trustee can be either an individual or a company. If there is a corporate trustee it is the company’s directors who administer the trust.

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Updated — Jul 7, 2017