Changing appointor(s) of a trust

Changing appointor(s) of a trust

Price: $POA

This service requires legal advice and tailoring.  Quoted fees for client acceptance will vary based on the complexity of the advice and/or documentation required.

Typically the appointor is the person who has the power to "hire and fire" the trustee of the trust.  Often the appointor will also have additional "powers" such as the ability to veto certain actions by the trustee.  The role is often seen as a protective one to prevent excesses and abuses of power by the trustee, but in reality the appointor could be considered the ultimate controller of the trust.

Whether it brought about by choice or circumstance, our lawyers will draft documents to ensure that the retiring appointor is removed entirely and ensure that the new appointor has only those powers necessary to the preferred functioning of the trust (including planned succession of the office).   Includes a review of existing trust documentation and relevant trust deeds to ensure that the change of appointor is validly executed.

What's included:

  • cover letter explaining the documents and service provided
  • deed of change of appointor
  • resolutions of trustee(s) and member(s)
  • consent(s) of outgoing appointor(s) and/or incoming appointor(s)

For more information or to order please fill out our no obligation enquiry tab and we will be pleased to contact you shortly or call 02 8296 6266 for immediate assistance.