Roles within a Trust

Roles available within a Trust

The following roles are available to be assigned within a trust.

Trustee association

  • Date of appointment

  • Is Independent

Appointor

  • Date of appointment

  • Appointor (Trustee)

  • Appointor (Beneficiary)

Beneficiary association

  • Date of appointment

  • Beneficiary type

    • Discretionary

    • Primary

    • Secondary

    • Final

    • Final and Discretionary

    • Life/Limited Interest

    • Remainder

    • Other

  • Entitlement date

  • Associated beneficiary classes

  • Disclosure

    • Decision pending

    • Not required

    • Required

    • Disclosure complete

  • Date of disclosure

  • Disclosure notes

Contingent Appointments

  • Is a Contingent Appointment

    • Contingent Appointment notes

Other associations

  • Is a protector for the Trust

    • Protector

    • Protector 1st

    • Protector 2nd

    • Protector 3rd

    • Protector 4th

    • 1st Substitute Protector

    • 2nd Substitute Protector

    • 3rd Substitute Protector

    • 4th Substitute Protector

  • Is a settlor for the Trust

    • Original

    • Deemed

  • Is the Chair of the trust

  • Is the Trust Treasurer

  • Is the Trust Secretary

Advisory Roles

  • Legal advisor (or lawyer)

  • Accounting advisor (or accountant)

  • Financial Advisor

  • Advisor to the Trustees

  • Other advisor

General roles

  • Power of Attorney
  • Point of contact for general queries