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Discretionary (Family) Trust Deed

Discretionary (Family) Trust Deed

Discretionary (Family) Trust Deed

A Discretionary Trust Deed suitable for a Family Trust. This Discretionary Trust Deed deed gives the trustee a power to decide the proportions in which the trust fund will be distributed among the beneficiaries.

 

 

includes:-

Contents

  • 1          INTERPRETATION
  • 2          DISTRIBUTION OF INCOME
  • 3          DISTRIBUTION OF CAPITAL
  • 4          PAYMENT OR TRANSFER TO SETTLEMENT
  • 5          DETERMINATION OF EARLIER DISTRIBUTION DATE
  • 6          POWERS OF THE TRUSTEE
  • 7          TRUSTEE MAY ACT DESPITE PERSONAL INTEREST
  • 8          EXPENSES
  • 9          DETERMINATION OF INCOME OR CAPITAL ACCOUNT
  • 10       SECURITIES OR PROPERTY MAY BE HELD IN THE NAME OF A NOMINEE
  • 11       DISCRETIONS, POWERS AND INDEMNITY
  • 12       TRUSTEE’S REMUNERATION
  • 13       VACATION OF OFFICE OF TRUSTEE
  • 14       AMENDMENT OF THE TRUST DEED
  • 15       REMOVAL AND APPOINTMENT OF THE TRUSTEE
  • 16       MINUTE BOOK
  • 17       NAME OF THE TRUST
  • 18       RESIGNATION   OF TRUSTEE
  • 19       CORPORATE TRUSTEE
  • 20       PROPER LAW
  • 21       BENEFICIARY’S  ENTITLEMENT
  • 22       ACCOUNTS AND RECORDS
  • 1          SCHEDULE

21 pages long.

 

 

 

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