Generally an appointor is the person or entity that appoints the Trustee of a Discretionary Trust. A Trustee of a discretionary trust has wide powers to distribute income or capital; so the position of appointor is all powerful. However, without succession planning in the appointor role, the trust may get taken over to the detriment of the beneficiaries.
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► The master document has been signed off by Abbott & Mourly and is congruent with Australian law.