Make a Change to an Existing Trust

Why might a change be needed?

There are many changes which may be required during the life of a trust. These include:

Changes to the parties

• changing the trustee
• changing the unit holders (of a unit trust) or members (of an SMSF)
• changing the appointor
• introducing an appointor succession plan

Changes to the trust deed

• including additional provisions in the trust deed
• removing certain provisions from the trust deed
• changing the name of the trust
• changing the vesting date

Winding up the trust

• bringing the trust to an end

Most of the above services are carried out by Docscentre Legal to ensure the changes are carried out in a legally effective manner. Mostly, it is not sufficient for the trustee to simply pass a resolution in order to give proper legal effect to these changes.

You can find out more about Docscentre Legal here, or you can give them a call on 1800 799 666.

You can download our Trust Amendment order form here

In addition, our Castle team have written many articles on the topic of trust deeds. You can find links to a couple of these useful articles below:

• Why it’s vital to update SMSF deeds every TWO years…at least
• Varying a discretionary trust without CGT resettlement