Trust Deed Amendment
Trust Deed Amendment
I. Introduction
This Trust Deed Amendment ("Amendment") is made on [Date], by and between the undersigned parties:
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Original Trust Agreement: The trust deed dated March 20, 2045, executed by [Your Name] as the Grantor and [Trustee's Name] as the Trustee, herein referred to as the "Original Trust Agreement".
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Purpose of Amendment: The parties hereby agree to amend and modify certain provisions of the Original Trust Agreement as set forth herein.
II. Amendment Details
A. Amendment Provisions
The following provisions of the Original Trust Agreement shall be amended:
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Amendment Clause: Clause 5.1 regarding distributions shall be amended to include provisions for educational expenses.
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New Provision Insertion: A new provision shall be added to Clause 6.2 regarding investment powers to allow for investments in digital assets.
B. Rationale for Amendment
The reasons for proposing this Amendment are as follows:
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Trustee Approval: The Trustee(s) must approve this Amendment in writing.
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Beneficiary Consent: The consent of the beneficiaries of the trust shall be obtained by the terms of the Original Trust Agreement.
III. Amendment Procedure
A. Execution of Amendment
This Amendment shall be executed by the procedures outlined in the Original Trust Agreement.
B. Approval Requirements
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Trustee Approval: The Trustee(s) must approve this Amendment in writing.
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Beneficiary Consent: The consent of the beneficiaries of the trust shall be obtained by the terms of the Original Trust Agreement.
C. Effective Date
This Amendment shall become effective as of June 1, 2055, subject to the fulfillment of all conditions precedent set forth herein.
IV. Witness and Notary Acknowledgment
A. Witness Acknowledgment
We, the undersigned witnesses, certify that [Your Name] and [Trustee's Name], personally known to us, appeared before us on [Date], declared this Amendment to be their free and voluntary act and deed, and executed it for the purposes therein contained.
Witness 1:
[WITNESS 1'S NAME]
[DATE SIGNED]
Witness 2:
[WITNESS 2'S NAME]
[DATE SIGNED]
B. Notary Acknowledgment
State of [State], County of [County]
On this [Date], before me, a Notary Public in and for said County and State, personally appeared [Your Name] and [Trustee's Name], known to me to be the persons whose names are subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
Witness my hand and official seal:
[NOTARY PUBLIC'S NAME]
Notary Public
My Commission Expires: [Commission Expiry Date]
V. Miscellaneous Provisions
A. Governing Law
This Amendment shall be governed by and construed by the laws of [Jurisdiction].
B. Entire Agreement
This Amendment, along with the Original Trust Agreement, constitutes the entire agreement between the parties concerning the subject matter herein and supersedes all prior agreements and understandings, whether written or oral.
VI. Execution
This Amendment is executed as of the date first above written.
Grantor:
[YOUR NAME]
[DATE SIGNED]
Trustee:
[TRUSTEE'S NAME]
[DATE SIGNED]
