In Rockwills Malaysia Declaration of Trust, the Settlor is the Trustee, and the backup Trustee is Rockwills. The Beneficiaries are the Settlor-Trustee and their loved ones. The Settlor-Trustee holds the trust assets. Rockwills Trustee is given the power of attorney by the Settlor-Trustee. Rockwills Trustee becomes the Trustee when the event specified in the Trust occurs. Rockwills then manages the Trust based on the Trust Deed instructions.