1.Can there be multiple settlors?
2. Can there be AOP as a beneficiary? The q be re-construed as :: whether an AOP with indeterminate shares and indeterminate members become beneficiary in a private discretionary trust
3) Can there be an AOP as a Settlor?
Can an AOP be a beneficiary or settlor in a private discretionary trust? Exploring income tax implications. A user initiated a discussion on the forum regarding income tax matters, specifically questioning whether there can be multiple settlors and if an Association of Persons (AOP) can be a beneficiary or settlor in a private discretionary trust. The user also inquired if an AOP with indeterminate shares and members can be a beneficiary. Another participant responded by asking for clarification on the actual query. (AI Summary)
TaxTMI 
TaxTMI 
