An “independent trustee” generally means an individual who has no beneficial interest in the trust.
This relationship can now be recorded against a Trust in CAS 360.
|From the Main Toolbar, go to Company.||
|Select the Trust from the list.||
Select Independent Trustee.
CAS 360 will display the Add Independent Trustee screen.
Begin typing the Independent Trustee's name. CAS 360 will begin searching the Global Contact screen for the company. If the contact has not been previously saved to the database, select to create the contact.
|Status||Select the New Status of the Independent Trustee. Select between Appointed, Resigned or Removed.|
|Appointed Date/Date Ceased||Enter the appropriate date of the change.|
CAS 360 will automatically select the documents required:
- Trustee Minutes or Resolution
- Register of Trust Events
- Register of Trust Relationships