Nomination of successor appointor
Price: $POA
This service requires legal advice and tailoring. Quoted fees for client acceptance will vary based on the complexity of the advice and/or documentation required.
Typically the appointor is the person who has the power to "hire and fire" the trustee of the trust. Often the appointor will also have additional "powers" such as the ability to veto certain actions by the trustee.
The role is often seen as a protective one to prevent excesses and abuses of power by the trustee but in reality the appointor could be considered the ultimate controller of the trust. The current appointor should deal with passing control of the trust in the event the office becomes vacant whether by reason of incapacity, death or other circumstances.
We can assist by reviewing the trust documents and preparing the documents required to nominate successor appointor(s).
For more information, please fill out our no obligation enquiry tab and we will be pleased to contact you shortly, or call 02 8296 6266 for immediate assistance.