Trusts module guide

The Trusts module governs and administers your trust entities. It tracks who serves as trustee or protector, who the beneficiaries are, and how the trust has been amended over time. A trust is its own profile section on an organization, one per organization, alongside the Legal Entity section rather than an extension of it (see Profile sections).

What Trusts tracks

Open Trusts from the left navigation. The module covers:

• Trusts — the trust’s own profile on its organization, with details such as trust type, trust date, and grantor.
• Trustees — current and former trustees, with their powers and succession order, each with appointment terms.
• Trust Protectors — individuals with oversight powers over the trust, each with appointment terms.
• Trust Beneficiaries — beneficiaries and their interests in the trust.
• Trust Amendments — modifications, restatements, and decanting records.
• Trust Accounting — an accounting or report delivered to beneficiaries or filed with a court, identified by the period it covers, with its delivery date and any beneficiary assent or release recorded.

Adding a record

Creating or editing records requires Editor access to the Trusts module.

Open the record type, click New, complete the form, and Save. Open a trust to manage its trustees, protectors, beneficiaries, amendments, and accountings, and to attach the governing documents.

Who can access trusts

• Viewing requires access to the Trusts module.
• Creating or editing requires Editor access.

On Enterprise plans, access group scoping limits records to entities within your assigned access groups.