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Is it possible to convert a ‘non-reversionary’ TRIS to ‘reversionary’ following the commencement of the TRIS?

If it is permitted under the trust deed, a TRIS may subsequently be made reversionary after it has commenced to be paid. You should check the trust deed to ensure that conversion of the reversionary nature of a TRIS following its commencement is allowed.

If it is permitted, you may request that a ‘non-reversionary’ TRIS become reversionary to a reversionary beneficiary by notifying the Trustee and otherwise complying with the requirements of the trust deed.