Consent to Act as Trustee (Discretionary Trust)

Consent to Act as Trustee (Discretionary Trust)

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Last updated December 2018
Last updated October 1, 2021
Suitable for all Australian states and territories
Suitable for all Australian states and territories

A Consent to Act as a Trustee is required to ensure that the trustee of the trust has given consent to take on this responsibility. Customisable and ready to use in under 5 minutes.

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Document Overview

When creating a discretionary trust, there needs to be a trustee that is responsible for the trust. The trustee has broad powers to conduct the trust and manage its assets.

Some of the duties of a Trustee include:

  • Preservation of trust property
  • Investment and insurance
  • Good faith
  • Loyalty to beneficiaries
  • Keeping records and information
  • Consideration of whether to exercise a discretion
  • Impartiality

For a Trustee to confirm that they understand their obligations, this document is required with their details filled out and signature.

Use this Consent to Act as Trustee (Discretionary Trust) if:

  • You are nominating an individual or corporation as a trustee
  • You have been appointed as the Trustee of a Discretionary Trust
  • You need a signed consent form for the trustee

What does the Consent to Act as Trustee (Discretionary Trust) cover?

  • Who the trustee is and their agreement to act as the trustee of the specified trust;
  • Affirmation that a Trustee intends to act in accordance with their duties;
  • The date that the consent was acquired by the trustee.

Other names for a Consent to Act as Trustee (Discretionary Trust) include:

  • Trustee consent to act declaration
  • Trustee declaration
  • Trustee consent form

Other documents you may need:


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