Can you change the Settlor of a Discretionary Trust?

 

Keywords: settlor, discretionary trust, amend

 

Question

Can you change the Settlor of a Discretionary Trust? 

 

Answer

Once the NowInfinity Discretionary Trust Deed is signed/executed it is, in most cases, not possible to amend the Trust Deed to change the Settlor. It is important to understand that the Settlor is the party who paid the settlement sum and established the Trust. 

 

Further Information

Who are the parties to a Discretionary Trust?

 

 

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