Understanding the roles in a Discretionary Trust
In a discretionary trust structure, several key roles play distinct and important parts. Understanding the functions and interrelationships of the Appointor, Guardian, along with a Corporate Trustee with its Directors and Shareholders (or the alternative of an individual trustee) is crucial. Let’s break down each role: Appointor Primary Function: The Appointor is the most powerful figure in a discretionary trust. Their key role is to appoint or remove trustees. Control:… Read more