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    How to edit trust profiles

    After a trust has been set up, a profile can be edited in three ways:

    1. Using the edit button from the Clients gallery: 


    2. Using the update buttons in the slide out panel: 


    3. Entering the trust workspace (by clicking on the name) and then selecting edit in the top right corner of the workspace: 

    After selecting edit you will be directed to the update trust form, where you can add/edit all the essential details about the entity.

    Navigate between the tabs on the left, select update to save information in each tab, or update and close to exit the form.

    Fields available to edit in the profile are: 

    General Details

    • Legal name

    • Trading name (if different)

    • Type of trust (Family, Estate, Trading, Charitable, Investment, Farming, Business value protection, Living, Property, Testamentary, Standby, Other)

    • Trustee decisions require Unanimous/Majority approval

    • General notes on the terms of the trust

    • Power of appointment

    • Distributions within 6 months (not aware/yes/no)

    • Distributions of gross income (not aware/yes/no)

    • Investment strategy notes

    • Name of bank

    • Account name

    • Account number

    • Notes on banking arrangements

    Client Administration

    • Business unit (see more here)

    • Partner (see more here)

    • Manager (see more here)

    • Client reference

    • Practice management ID

    • Set up status (see more here)

    • Annual review date

    Contact Details

    • Email address (primary contact)

    • Website

    • Primary phone number

    • Other phone number

    • Physical address

    • Postal address

    Dates & Events

    • Date of settlement

    • Vesting date

    • Vesting event

    • Gifting (anniversary) date

    • Annual general meeting

    Tax & Finances

    • Tax residency country

    • Subject to foreign tax requirements (not aware/yes/no)

    • Tax ID number

    • Other tax number

    • Tax code

    • Files tax return (not aware/yes/no)

    • Annual balance date

    • Subject to FATCA reporting (not aware/yes/no)

    • Giin

    • Subject to CRS reporting (not aware/yes/no)

    • Financial classification (not specified, passive non financial entity, active non financial entity, reporting NZ financial institution, non reporting NZ financial institution)

    Notes & Comments

    • Summary notes

    Associated Parties

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