This document is a template resolution of directors of trustee (a company) to establish discretionary trust.
This precedent should be used in association with the precedent “Deed establishing discretionary trust deed”.
For a template recording format for resolutions passed by directors of a company, see precedent “Recording format for resolutions passed by directors of a company”.
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.