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

 

Discretionary (Family) Trust Deed

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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