Back to KnowledgeBase

Is it possible to have one appointor at the time of setting up a discretionary trust, and add another appointor in the future, without resettling the trust?

Yes, this is possible. You can set up the trust with one appointor now and then when needed you can have a deed of variation prepared (which we can do for you) to have a new appointor added. Based on our current deed, this will not resettle the trust.

Our legal team will prepare a deed of variation to change the current appointor arrangement in accordance with the provisions of the trust deed. This may be to add an additional appointor, remove an appointor or to change the appointor arrangement based on the rights of survivorship. For more information and to order, click here.