Can the settlor of a Discretionary Trust change?

Nothing of substance generally turns on who the settlor of a trust is and the financial position of the settlor (or their related entities) is of no consequence in relation to the trust. Furthermore, given that it is likely that any attempt to change a settlor will have adverse trust law and tax consequences, and may indeed require court approval if the settlor is unable to sign documentation, our initial feedback is to test on what basis it is being suggested the settlor should be changed and what benefits is it hoped will be achieved.

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