Deed of appointment terminating discretionary trust

This Deed of Appointment is made on [date] by [trustee] of [address] and [trustee] of [address] (the Trustees).

Background

1. 1. (A)

      This Deed is supplemental to a trust dated [date] and made between [parties] (the Trust).

   1. (B)

      The Trustees are the present trustees of the Trust.

   1. (C)

      The property now subject to the Trust is set out in the Schedule.

   1. (D)

      The Trustees intend to exercise the power of appointment given to them by clause [number] of the Trust.

   1. (E)

      In this Deed the Trust Period has the same meaning as in the Trust.

This Deed provides:

1. 1. 1

      Exercise of power

      1. 1.1

         The Trustees in exercise of the power of appointment conferred on them by clause [number] of the Trust and of all other powers (if any) enabling them [irrevocably OR subject to clause 1.4 below] appoint that the property in the Schedule shall from the date of this Deed be held upon the following trusts:

         1. 1.1.1

            as to the property set out in Part A of the Schedule upon trust as to both capital and income for [adult beneficiary] absolutely;

         1. 1.1.2

            as to the property set out in Part B of the Schedule upon trust as to