How Trust Type is determined when importing from XPM?

Question

How does NowInfinity determine if a Trust is a Unit Trust or a Discretionary Trust when importing from XPM?

Answer

In NowInfinity we will import the trusts from XPM as either a Unit Trust (UT) or Discretionary Trust (DT). 

Refer to the below rules for how the trust is determined a Unit Trust or a Discretionary Trust:

1. If Trust name contains "family" or "discretionary", it will be considered as a Discretionary Trust
2. If Trust name contains "unit", it will be considered as Unit Trust
3. If data retrieved from XPM contains Appointor information, it will be considered as Discretionary Trust
4. If data retrieved contains Unitholder information, it will be considered as Unit Trust
5. In all other cases, it will be considered as Unit Trust

Rule 5 applies for other Trust Types, as long as the XPM Business Structure for the Trust Type is entered into the "labels" section in Portal Settings > XPM.