Miscellaneous 2005

A Matter of Trusts: Changing the trustee of a trust

Source: Taxation In Australia Journal Article

Published Date: 1 Nov 2005

 

Generally, any person or entity that is capable at law of holding property in its own right may be appointed as a trustee. The appointment of a trustee may occur by the instrument creating the trust in accordance with the settlor's direction, by following the process described in an existing trust's deed or by appointment of a Court pursuant to a statutory power.

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