Allow Employees to Nominate a Trust for Their Options

Trust nominations let employees hold their options through a family trust or other trust structure, rather than in their own name. You can enable this at the plan level or for individual offers.

Enable trust nominations for all offers in a plan

1. Go to Plans → Options and click View pool.

2. Click Settings in the top right (if you have multiple countries configured, click View details under Australia first).

3. Toggle Allow option holders to nominate a trust on.

All new offers created from this plan will include the trust nomination option for recipients.

Enable trust nominations for an individual offer

To enable trust nomination on one specific offer without turning it on for the whole plan:

1. While setting up a new offer, complete the basic grant details.

2. Click Advanced mode at the bottom of the setup screen.

3. Toggle Allow stakeholders to nominate a trust on.

Update your agreement templates

Before enabling trust nominations, ensure your offer letter templates include these variables so trust details populate correctly in signed contracts:

• Trustee Name

• Trust Name

Only the original recipient will be prompted to sign the offer documents through Cake. The nominated party will not be requested to sign through the signature process in Cake. If your offer document requires the recipient and the nominated party to sign, then this part of the process would need to be handled offline and the fully executed document uploaded to the Grant once complete.

What employees see

When trust nomination is enabled, employees see an Advanced Settings section when accepting their offer in My Cake. They can check Held in trust and enter:

• Trustee type, Individual, Joint, or Corporate

• Trustee name

• Trust name

Related articles

• Create a New Option Grant
• Granting Your Employee Options
• Create and Manage Bare Trusts