Trust Deed
Trust Deed
This Trust Deed is made on this [DATE], by and between [YOUR NAME], residing at [YOUR COMPANY ADDRESS], herein referred to as the “Grantor,” and [TRUSTEE'S NAME], residing at [TRUSTEE'S ADDRESS], herein referred to as the "Trustee".
I. Recitals
The Grantor is the lawful owner of certain assets described in Schedule A attached hereto, which the Grantor wishes to transfer to the Trustee for the benefit of the beneficiaries.
The Trustee is willing to accept the duties and responsibilities of the trustee of the trust created by this Trust Deed.
II. Establishment of Trust
The Grantor hereby transfers and assigns the assets described in Schedule A to the Trustee, to be held in trust for the benefit of the beneficiaries named herein.
III. Duties and Powers of Trustee
The Trustee shall hold, manage, and administer the trust property for the benefit of the beneficiaries under the terms and conditions of this Trust Deed.
The Trustee shall have the authority to invest, reinvest, and manage the trust property in such manner as the Trustee deems appropriate, considering the best interests of the beneficiaries.
IV. Beneficiaries
The beneficiaries of the trust created by this Trust Deed shall be [BENEFICIARY 1 NAME], [BENEFICIARY 2 NAME], and [BENEFICIARY 3 NAME], as outlined in Schedule B attached hereto.
V. Distribution of Trust Property
The Trustee shall distribute the income and principal of the trust property to the beneficiaries in such amounts and at such times as the Trustee, in their sole discretion, deems advisable for the benefit of the beneficiaries.
VI. Termination of Trust
This Trust shall terminate upon the happening of [TERMINATION EVENT], at which time the Trustee shall distribute the remaining trust property to the beneficiaries following the terms of this Trust Deed.
VII. Governing Law
The provisions of this Trust Deed shall be regulated and interpreted in alignment with the legal framework and statutes enacted within the jurisdiction of [STATE].
VIII. Execution of Deed
IN WITNESS WHEREOF, the Parties hereto have executed this Trust Deed as of the date first above written.
GRANTOR:
[YOUR NAME]
[YOUR COMPANY ADDRESS]
TRUSTEE:
[TRUSTEE'S NAME]
[TRUSTEE'S ADDRESS]
IX. Witnesses
This Trust Deed has been duly witnessed and executed on the day and year initially stated above.
[WITNESS 1 NAME]
[WITNESS 2 NAME]
Notarization:
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.
[NOTARY PUBLIC NAME]
Notary Public in and for [STATE]
My Commission Expires:
