2023 Releases
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      3. 2023 Releases

      November 2023 Updates

      Document Updates

      • 06/11/2023 - Fixed missing chairperson in Successor Director. 
        - Family Protection Trustee Company
        - Leading Member Discretionary Trustee Company
        - Leading Member SMSF Special Purpose Corporate Trustee
      • 08/11/2023 SMSF Special Purpose Corporate Trustee - Fixed missing disclaimer. 
      • 09/11/2023 Crypto Discretionary Trust Deed - Added tab for Important Notice (Novo)
      • 10/11/2023 - Fixed formatting issue in clause 7, 8and 9 in EPOA NSW
        - Enduring Power of Attorney
        - The LYD Will and EPOA
        - The Moat and Castle
      • 10/11/2023 LRBA Holding Trust Pack Bank - Moved letter before the holding trust deed. 
      • 13/11/2023 Notification of Death of Member - Removed clause 5-8 because or redundant statement under Matters attended to and decisions made. 
      • 14/11/2023 - Fixed clause issue in substitute attorney signature in EPOA WA.
        - Enduring Power of Attorney
        - The LYD Will and EPOA
        - The Moat and Castle
      • 16/11/2023 - Made the tie breaker for successor director optional. 
        - Family Protection Trustee Company
        - Leading Member Discretionary Trustee Company
        - Leading Member SMSF Special Purpose Corporate Trustee
        - SMSF Special Purpose Corporate Trustee with SMSF Establishment
        - SMSF Special Purpose Corporate Trustee
        - LYD Standard Company
        - The Successor Director Solution – Single Company plus upgrade
      • 16/11/2023 Enduring Power of Attorney - Fixed Jurisdiction error on Indemnity Deed. 
      • 16/11/2023 - Made the tie breaker for successor director optional. 
        - The LYD Will and EPOA
        - The Moat and Castle
        - The Successor Director Solution - Multi Company plus upgrade Constitution
      • 17/11/2023 - Removed condition for Accept the Appointment and Acknowledge in EPOA WA.
        - Enduring Power of Attorney
        - The LYD Will and EPOA
        - The Moat and Castle
      • 17/11/2023 Leading Member Discretionary Trust Upgrade with Company Constitution - Updated document to Company Constitution Variation to Leading Member Discretionary Trust Upgrade of Discretionary Trust to Leading Member DT.
      • 20/11/2023 - Changed definition of 'Child' from means any Child of the Appointor to "means child of the primary beneficiary."
        - Discretionary Trust - (individual & corporate)
        - Discretionary Trust - (non foreign persons)
        - Upgrade of Discretionary Trust to a Non-Foreign Person Discretionary Trust
      • 21/11/2023 - In clause Ongoing Trustees in the Will documents, changed Relationship to relation.
        - The LYD Will and EPOA
        - The LYD Will
        - The Moat and Castle
      • 21/11/2023 Discretionary Trust - (individual & corporate) - Changed definition of 'Child' from ''means child of the primary beneficiary" to "means any Child of the Primary Beneficiary which includes an adopted child and a step child."
      • 21/11/2023 Discretionary Trust - (non foreign persons) - Changed definition of 'Child' from ''means child of the primary beneficiary" to "means any Child of the Primary Beneficiary which includes an adopted child and a step child."
      • 21/11/2023 Discretionary Trust Changes 
        In the deed
        Removed Deceased Status output for Appointor Changing Party
        Removed Deceased Status output for Trustee Changing Party
        Removed Deceased Status output for Beneficiary Changing Party
        Removed Deceased Status output for Successor Appointor Changing Party
        Removed Deceased Status output for Leading Member Appointor Changing Party
        Removed Deceased Status output for Principal Changing Party
        Removed Deceased Status output for Guardian Changing Party
        Removed Deceased Status output for Successor Leading Member Appointor Changing Party

        In Provisions
        Replaced the sentence "hereby resigns" with "is hereby replaced" for Appointor Changing Party
        Replaced the sentence "hereby resigns" with "is hereby replaced" for Trustee Changing Party
        Replaced the sentence "hereby resigns" with "is hereby replaced" for Beneficiary Changing Party
        Replaced the sentence "hereby resigns" with "is hereby replaced" for Successor Appointor Changing Party
        Replaced the sentence "hereby resigns" with "is hereby replaced" for Leading Member Appointor Changing Party
        Replaced the sentence "hereby resigns" with "is hereby replaced" for Principal Changing Party
        Replaced the sentence "hereby resigns" with "is hereby replaced" for Guardian Changing Party
        Replaced the sentence "hereby resigns" with "is hereby replaced" for Successor Leading Member Appointor Changing Party
      • 21/11/2023 Upgrade of Discretionary Trust to a Non-Foreign Person Discretionary Trust - Changed definition of 'Child' from ''means child of the primary beneficiary" to "means any Child of the Primary Beneficiary which includes an adopted child and a step child."
      • 22/11/2023 Special Resolution for Changing the Name of a Company - Fixed missing Company name in Table of motion.
      • 22/11/2023 Discretionary Trust - (individual & corporate) - Changed definition of 'Child' from ''means any Child of the Primary Beneficiary which includes an adopted child and a step child" to "includes an adopted child and a step-child."
      • 22/11/2023 Discretionary Trust - (individual & corporate) - In cluase 3.1(d) for the purposes of a family trust election. Added the sentence "whether the Trustee makes that election or not;"
      • 22/11/2023 Discretionary Trust - (non foreign persons) - Changed definition of 'Child' from ''means any Child of the Primary Beneficiary which includes an adopted child and a step child" to "includes an adopted child and a step-child."
      • 22/11/2023 Discretionary Trust - (non foreign persons) - In cluase 3.1(d) for the purposes of a family trust election. Added the sentence "whether the Trustee makes that election or not;"
      • 22/11/2023 Upgrade of Discretionary Trust to a Non-Foreign Person Discretionary Trust - Changed definition of 'Child' from ''means any Child of the Primary Beneficiary which includes an adopted child and a step child" to "includes an adopted child and a step-child."
      • 23/11/2023 The Moat and Castle - Added General Commentary Letter before The Protector documents.
      • 23/11/2023 The Protector - Added General Commentary Letter before The Protector documents.
      • 23/11/2023 Discretionary Trust Changes -
        In the provisions         
        Added (;) right after the word beneficiary for the excluded individual/companies.
        Added Address details right after the name of the individual/companies for the excluded list.
        In the provisions. If deceased is selected and the party selected is a company. The output will be (Company Name)(Legal Element) hereby removed as (Position) of the Trust on account of being deregistered.
        If the "Deceased" is selected as position status. Document output for individual will be "(Firs tName) (Middle Name) (Las tName) is hereby removed as leading member appointor of the trust on account of being deceased."
        If the "Deceased" is selected as position status. Document output for individual will be "(Company Name)(LegalElement)  hereby removed as appointor of the trust on account of being deregistered."
      • 24/11/2023 Fixed missing word Successor in director’s signature  
        - Family Protection Trustee Company
        - Leading Member Discretionary Trustee Company
        - Leading Member SMSF Special Purpose Corporate Trustee
      • 24/11/2023 Crypto Discretionary Trust Deed - Changed the definition of "Relatives" in clause(a) insert the word "counsin" after "brother, sister."
      • 24/11/2023 Changed the definition of "Relatitives" in clause(a) insert the word "counsin" after "brother, sister."  
        - Discretionary Trust - (individual & corporate)
        - Discretionary Trust - (non foreign persons)
        - Family Protection Trust - (individual & corporate)
        - Family Protection Trust - (non-foreign persons)
        - Leading Member Discretionary Trust - (individual & corporate)
      • 24/11/2023 Leading Member Discretionary Trust - (individual & corporate) - Fixed font size for "Excluded Beneficiaries"
      • 24/11/2023 Leading Member Discretionary Trust - (individual & corporate) - Changed all "named Successor Appointors" to "named Successor Leading Member Appointors" In clause 3.1 (a) and (b) of Beneficiaries Definition.
      • 24/11/2023 Leading Member Discretionary Trust – (non-foreign persons) - Changed the definition of "Relatitives" in clause(a) insert the word "counsin" after "brother, sister."
      • 24/11/2023 Leading Member Discretionary Trust – (non-foreign persons) - Fixed font size for "Excluded Beneficiaries".
      • 24/11/2023 Leading Member Discretionary Trust – (non-foreign persons) - Changed all "named Successor Appointors" to "named Successor Leading Member Appointors" In clause 3.1 (a) and (b) of Beneficiaries Definition.
      • 24/11/2023 Change of Trustee for Discretionary Trust - Fixed format of Deed, Recitals, and Provisions.
        Replaced the word "Rule" with the word "Clause" in Clause (1) and (2) in Provisions.
        Replaced the word "Trust Rules" with the word "Deed" in Clause (1), (2) and (3) in Provisions.
      • 24/11/2023 Changed the definition of "Relatitives" in clause(a) insert the word "counsin" after "brother, sister."
        - Upgrade of Discretionary Trust to a Family Protection Trust
        - Upgrade of Discretionary Trust to a Family Protection Trust (Non-Foreign Person)
        - Upgrade of Discretionary Trust to a LightYear Docs Strategic Discretionary Trust
        - Upgrade of Discretionary Trust to a Non-Foreign Person Discretionary Trust
        - Upgrade of Discretionary Trust to Leading Member DT
      • 24/11/2023 Upgrade of Discretionary Trust to Leading Member DT - Fixed font size for "Excluded Beneficiaries".
      • 24/11/2023 Upgrade of Discretionary Trust to Leading Member DT - Changed all "named Successor Appointors" to "named Successor Leading Member Appointors" In clause 3.1 (a) and (b) of Beneficiaries Definition.
      • 24/11/2023 Upgrade of Discretionary Trust to LM Non-Foreign Person DT - Changed the definition of "Relatitives" in clause(a) insert the word "counsin" after "brother, sister."
      • 24/11/2023 Upgrade of Discretionary Trust to LM Non-Foreign Person DT - Fixed font size for "Excluded Beneficiaries".
      • 24/11/2023 Upgrade of Discretionary Trust to LM Non-Foreign Person DT - Changed all "named Successor Appointors" to "named Successor Leading Member Appointors" In clause 3.1 (a) and (b) of Beneficiaries Definition.
      • 27/11/2023 Deed of Vesting (Discretionary Trust) - In Recitals Clause (2). If the other consent is not answered or "No" is the answer. The document output will be "Pursuant to (Vesting Clause) of the Deed, the Trustee may determine in writing the Vesting Day of the Trust".

        In Recitals Clause (2). If the other consent is "Yes". The document output will be "Pursuant to (Vesting Clause) of the Deed, the Trustee  with the consent of the (Title, and person list) , determine in writing the Vesting Day of the Trust".
      • 28/11/2023 Added test ‘Share Allotment’ in Type of Transaction in Register of Shareholders 
        - Family Protection Trustee Company
        - Leading Member Discretionary Trustee Company
        - Leading Member SMSF Special Purpose Corporate Trustee
        - SMSF Special Purpose Corporate Trustee with SMSF Establishment
        - SMSF Special Purpose Corporate Trustee
        - LYD Standard Company
      • 28/11/2023 Change of Trustee for SMSF - Added Trustee Declaration.
      • 28/11/2023 SMSF Establishment - Added Trustee Declaration.