Details
When a Discretionary Trust has been set up in CAS 360 you will be able to add the Trust Beneficiaries.
A trust beneficiary can be a person, a company or the trustee of another trust. Beneficiaries may have an entitlement to trust income or capital that is set out in the trust deed or they may acquire an entitlement because the trustee exercises a discretion to pay income or capital.
Navigation
| From the Main Toolbar, go to Trust. |
To create trust, see adding a trust for more information.
How to Add Trust Beneficiaries
| From the Trust Selection screen, search and select the Discretionary Trust. | |
| Select Beneficiaries. |
Click Beneficiary +
Beneficiaries |
Under Beneficiaries begin typing the name. CAS 360 will begin searching the Global Contact screen for the contact. If the contact has not been previously added to the Global Contact screen, Click + Add New |
Date Commenced |
Date the Contact began being a Beneficiary for the trust |
Date Ceased |
Date the Contact ceased being a Beneficiary for the trust |
| Click + Add Another to add more beneficiaries | |
| Click Bin icon to Delete the Beneficiary. |
Beneficiary Details
e Beneficiary column, hover your cursor over the information icon . Users will be able to instantly see the Beneficiary:
- Name
- Address
- Date of Birth
- Place of Birth
- Mobile Number
- Company Number
- NZBN
To edit any of these details, select Go To Contact.