Discharge on retirement


(Vicki) #1

The use of corporate trustees is a common response to trustee liability. However, where one of two natural person trustees retires and a corporate trustee is appointed, it is important to consider whether the retiring trustee has been discharged. See https://mattersoftrust.co.nz/2017/06/25/two-trustees-go-down-to-the-woods-one-is-discharged-one-is-not/