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Variation of Discretionary Trust

Variation of Discretionary Trust

4.5 (56)
under 10 minutes
under 10 minutes
Last updated December 2018
Last updated November 13, 2018
Suitable for all Australia states and territories
Suitable for all Australia states and territories

A Variation of Discretionary Trust allows you to change the terms of an existing discretionary trust. Customisable and ready to use in under 10 minutes.

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Document Overview

This Variation of Discretionary Trust Deed is a document that you can use to change the terms of an existing discretionary trust. The document is to be executed as a deed by the trustee and appointer, as provided for in the original trust deed for the discretionary trust.

Use this Variation of Discretionary Trust if:

  • A discretionary trust has previously been established;
  • The trustee is permitted to amend the trust deed; and
  • The changes to the trust deed are to be formalised, as set out in a deed of variation.

What does the Variation of Discretionary Trust cover?

  • The changes to the trust deed; and
  • Relevant consents and other consequential terms.

Other names for Variation of Discretionary Trust include:

  • Deed of Variation of Discretionary Trust; and
  • Change of Discretionary Trust. 

 


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