Yes, the Settlor may decide whether to opt-in or opt-out as a First Tier Beneficiary at the point of application for the Trust Plan. If the Settlor decides to opt-in as a First Tier Beneficiary, he/she may not appoint himself/herself as a Second Tier Beneficiary subsequently. If the Settlor decides to opt-out as a First Tier Beneficiary, the Settlor may not appoint himself/herself as a Beneficiary (whether First Tier or Second Tier) subsequently.