Ageas Discretionary Trust Form

Ageas Discretionary Trust Form. Declaration of Trust section of this form. A discretionary trust is a trust where the trustee has the discretion as to how to distribute the income and capital of the trust.

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Loan Trust Discretionary Trust Declaration form Please use black ink and write in CAPITAL LETTERS or tick as appropriate. These are where the trustees can make certain decisions about how to use the trust income, and sometimes the capital. At some time in the future they pass it on to some people from a group that the settlor has decided (the beneficiaries).

You can notify us of a subsequent beneficiary by lodging a nomination form.

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Example of a discretionary trust

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Discretionary Trust Will - How it Works. A Discretionary Trust is a legal arrangement which allows the owner of a life policy (the settlor) to give their policy to a trusted group of people (the trustees), who look after it. Please do not use correction fluid as this.