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Supplementary Deeds
Protection – Deed of Appointment
and Retirement of Trustees
(Settlor/donor/grantee version)
- This documentation has been produced for consideration by you and your legal advisers. The legal and any tax effects of the deed will depend on your individual circumstances and Legal & General (as defined in Clause 5.3 of Part B of this deed) and its advisers accept no responsibility for ensuring that the Deed meets your requirements.
- Under this deed you (the settlor/donor/grantee) can appoint new trustees to your Trust in place of trustees who wish to retire. Upon completing this deed, there must be no less than two and no more than four trustees. Please check the Trust deed as to the minimum number of trustees required to exercise particular powers.
- This deed is only for use in circumstances where the settlor/donor/grantee (or one of joint settlors/donors/grantees) is alive and the Trust gives such person or persons the power to appoint new trustees. If the settlor/donor/grantee is dead, please use the ‘Trustee Version’ of this deed.
- A copy of this deed should be sent to Legal & General as soon as it has been completed.
- By signing this deed, and if required by Legal & General, the trustees agree to take all reasonable steps to obtain for Legal & General evidence of identification for any of the beneficiaries of the Trust.
- Legal & General has drafted this deed to reflect the law as at 1 January 2020. Legal & General and its advisers cannot accept any responsibility for loss, damage or other claim that may arise from the use of this deed or the way in which you complete it. We therefore strongly recommend that you consult your own legal adviser before proceeding. Failure to understand the terms of the deed may affect its suitability and effectiveness.
- Use CAPITALS and black or blue ink throughout. If you make a mistake while completing the deed, please correct the error by crossing out (do not use correction fluid) and the settlor/donor/grantee and all the trustees should initial by the change.
- If the appointed trustee is resident for tax purposes anywhere other than the UK you must also complete the Trust/Entity Self-Certification Declaration form and send this to us together with your completed deed.
IMPORTANT NOTES – before completing the Deed of Appointment and Retirement of Trustees, please read the following notes.
Deed of Appointment and Retirement of Trustees (settlor/donor/grantee version)
The Appointor(s) and Trustees should read the important notes on page 1 before completing the Deed of Appointment and Retirement of Trustees.
A^ Date of Deed
INSERT date when last person signs on pages 4–6.
THIS DEED of Appointment and Retirement is made on the day of 20 BETWEEN the Appointor (1) the Continuing Trustees (2) the Retiring Trustees (3) and the New Trustees (4)
First (or sole) Appointor Second Appointor
Please insert the full name of the appointor Please note that the appointor is the settlor/ donor/grantee of the declaration of Trust in the case of joint appointors, insert the full name of the second appointor
Full name
1. The ‘Appointor’ means
B Definitions
Please insert the full name of the current trustee(s) who are to continue to act as trustees Please insert the full name of the settlor/ donor/grantee if they are trustees as well If there are no continuing trustees then leave blank
Please insert the full name of the retiring trustee(s) (including the settlor/donor/ grantee if amongst them)
Please insert the details of the new trustees being appointed Please remember that there should be no more than four trustees once this deed has been completed There can only be four new trustees if there are no continuing trustees. See paragraph 2 of the Important Notes
Continuing Trustee 1 Continuing Trustee 2
Full name
Full name
Continuing Trustee 3
2. The ‘Continuing Trustees’
Retiring Trustee 1 Retiring Trustee 2
Full name
3. The ‘Retiring Trustees’
Date of birth (DD/MM/YYYY)
New Trustee 1 New Trustee 2
Full name
Address
Postcode
4. The ‘New Trustees’
Retiring Trustee 3 Retiring Trustee 4
Full name
IN WITNESS whereof the parties have signed this instrument as a deed
E Signatures
Please read all the margin notes below before signing and leave boxes blank if not required If there is no second appointor then leave the box blank the appointor (and any second appointor) do not need to sign again in the continuing trustee boxes if they have signed the appointor box(es) above
Witnessing: Please ensure that all signatures are witnessed by an independent person The same person can witness all signatures Witnesses must be adult and not someone already named in this deed nor their spouse or civil partner Date: Please add the date of signature. Once all the parties have signed, the last date on which a person signed should be inserted as the date of this deed in the box on page 2
- Signature
- Signature of witness
- Address of witness
- Signed and delivered as a deed by the said (full name)
- In the presence of witness (full name of witness)
First (or sole) Appointor Second Appointor
- Date (DD/MM/YYYY)
- Signature
- Signature of witness
- Address of witness
- Signed and delivered as a deed by the said trustee (full name)
- In the presence of witness (full name of witness)
Continuing Trustee 1 Continuing Trustee 2
- Date (DD/MM/YYYY)
- Signature
- Signature of witness
- Address of witness
- Signed and delivered as a deed by the said trustee (full name)
- In the presence of witness (full name of witness)
Continuing Trustee 3
- Date (DD/MM/YYYY)
E Signatures^ continued
- Signature
- Signature of witness
- Address of witness
- Signed and delivered as a deed by the said trustee (full name)
- In the presence of witness (full name of witness)
Retiring Trustee 1 Retiring Trustee 2
- Date (DD/MM/YYYY)
- Signature
- Signature of witness
- Address of witness
- Signed and delivered as a deed by the said trustee (full name)
- In the presence of witness (full name of witness)
Retiring Trustee 3 Retiring Trustee 4
- Date (DD/MM/YYYY)
- Signature
- Signature of witness
- Address of witness
- Signed and delivered as a deed by the said trustee (full name)
- In the presence of witness (full name of witness)
New Trustee 1 New Trustee 2
- Date (DD/MM/YYYY)
