Standby Trust

What is a Standby Trust?

A Standby Trust is set up today but does nothing until you need it. The moment a triggering event happens eg. illness, incapacity, or death, it activates automatically and takes over exactly as you planned.

Think of it as a sleeping bodyguard. Always ready. Never intrusive.

You keep full control today

Nothing changes while you’re healthy. Your assets stay in your name. The trust sits quietly in the background.

Instant activation when needed

When a trigger event occurs, we step in immediately — no court order required, no family disputes.

Payout within 60 days

Once activated, funds are released to your beneficiaries within 60 days. No probate. No delays.

How does it work ?

Set up trust

Complete your Trust Deed. Appoint Pavilion Prime Trustee Berhad as trustee.

Name beneficiaries

Specify who receives what – spouse, children, or any person you choose.

Choose your triggers

Specify the events that will activate the trust — e.g. incapacity, critical illness or death. The trust remains dormant until one of these events occurs.

Link assets

Link your bank accounts, FDs, and unit trusts to the Trust Deed.

Payout in 60 days

On trigger, trustee releases funds directly – no probate, no court, no delay.

What assets can be placed into this trust?

Who is it suitable for?

You might need this if you are…

You're planning for your own personal care

If there’s ever a day you can’t make decisions — due to illness, accident, or old age — who steps in to manage your money and pay your bills? A Standby Trust means a responsible, licensed party is already in place, acting exactly as you instructed.

You have a child with special needs

Your child needs ongoing financial support, not a lump sum handed to someone unprepared. A Standby Trust ensures funds are managed and released for your child’s care, education, and daily needs, even when you’re no longer able to oversee it yourself.

You're a single parent

You’re the only one holding everything together. If something happens to you, who takes care of your children financially? A Standby Trust activates immediately when you need it — making sure your children are provided for without delay, without court, and without anyone having to figure it out under pressure.

Frequently Asked Questions

Q1: Does anything happen to my assets before the trigger event?

No. Your assets remain entirely in your name. You manage them as you always have. The trust only activates when a trigger event is verified.

It depends on what you specify in your Trust Deed. Common triggers include hospitalisation beyond a set period, diagnosis of critical illness, mental incapacity, or death.

Yes. As long as you have mental capacity and the trust is revocable, you can amend the terms at any time.

A Power of Attorney becomes void the moment you lose mental capacity — exactly when you need it most. A Standby Trust remains valid and enforceable regardless.

The best time to set up a Standby Trust is before you need it.

Once something happens, it’s too late. Talk to us today.