To set an Entitlement date for a beneficiary, Select the Trust then click on Associated Parties.
- Adding a beneficiary and setting their entitlement date
- Editing a beneficiary to set their entitlement date
Adding a beneficiary and setting their entitlement date
To add a beneficiary, following the document for Add Associated Parties - A Person click here
Editing a beneficiary to set their entitlement date
In this example, Marcus Curtis is listed as a beneficiary and is eligible for distributions from the trust on his 18th birthday
Select the beneficiary by placing left clicking in the dialogue box to the right of their name, then click on the cogs and select edit.
Scroll Down to Roles and Associations in Beneficiary Association is where you set the Entitlement Date
Beneficiary Type can also be changed while setting Entitlement Date
HINT: With help to make selecting the date easier Click Here
Below is an example of setting the beneficiaries date of birth, to help you calculate their entitlement date.
Notes to advise they are eligible for distributions can also be made.
Once the changes have being made, click Save
You can easily view the changes by highlighting the beneficiary in the main relationships page.