Independent Trustees
We recommend that every Trust has an independent Trustee who is someone who does not derive a benefit from the
The Beneficiaries
The crucial third party to the Trust Deed are the Beneficiaries. These are the group of people who the Trust
The Appointors
The Appointors are the persons who hold the Power of Appointment. The Power of Appointment is the power to hire
The Protectors
A further, but often unutilised, role in a Trust Deed is that of a Protector. The Protector can act in
The Trust Deed
The actual formation of the Trust occurs when you have decided on who will be the parties included as Settlors,
Transferring Assets into your Trust
The purpose of forming a Trust for asset protection is for transferring your assets into it so that they are no longer
Trustee Duties
As a Trustee you need to be aware that you are liable for your actions in respect of the assets
Acknowledgement Of Debt
The transfer of your home (and/or other property) to the Trust essentially involves you personally providing the Trust with funds
Forgiveness Of Debt
As discussed above, while the Trust owes you money for the purchase of your family home (or other property), the
Gift Statement
The Gift Statement was an IRD required document that provided them with the details of your gifting programme. In the