This document is a template memorandum and notice of replacement of trustee.
Where a notice of removal is served, the deed of appointment of the new trustees should be suitably amended.
This notice should only be given where there is necessary provision for it in the applicable trust deed. The new trustee's consent to act should be obtained in advance.
Only insert if a second trustee continues.
See notes to Precedent “Deed of appointment and retirement of trustee of discretionary trust” as to stamp duty and other important issues.
For a template trust deed, see the precedent “Trust deed”.
This document has been authored for Lexis Nexis by Selwyn L Black Peter D Carroll, Carroll & O’Dea and updated by Jane Garber-Rosenzweig, Gable Lawyers.
This document is prepared with the assistance of Specialist Editor Stephen Newman, Executive Counsel, Ponte Earle.