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But don't forget that the appointer is the 'owner' of the trust, not the trustee. The trustee can be changed by the appointer at any time.

You can't, trusts are completely secret. When you set up a trust (in Vic) all that happens is that the State Revenue Office stamp the front page of the trust document. They don't take a record of things like the Settlor or Appointer's name, who the Trustee is, etc. You just pay your $200, in...