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Definitive Trust Deed
"I need a Definitive Trust Deed to establish a family trust in Ireland for managing multiple real estate properties and investment portfolios, with provisions for three adult children as beneficiaries and the appointment of a professional trustee company as the initial trustee."
1. Parties: Identifies the Settlor(s), initial Trustee(s), and any other parties to the trust deed
2. Background: Sets out the context and intention to create the trust
3. Definitions: Defines key terms used throughout the deed
4. Declaration of Trust: Formal creation of the trust and transfer of assets to trustees
5. Trust Powers: Details the general powers granted to the trustees
6. Investment Powers: Specifies the trustees' investment powers and any restrictions
7. Administrative Powers: Sets out the trustees' administrative powers and procedures
8. Trustee Provisions: Covers appointment, retirement, and removal of trustees
9. Trustee Remuneration: Details any fees or compensation for trustees
10. Trustee Liability and Indemnity: Defines extent of trustee liability and indemnification
11. Trust Period: Specifies the duration of the trust
12. Governing Law and Jurisdiction: Confirms Irish law as governing law and jurisdiction
1. Protector Provisions: Required when a trust protector is appointed to oversee certain trustee actions
2. Letter of Wishes: Used when the settlor wishes to provide non-binding guidance to trustees
3. Charitable Purposes: Required for charitable trusts to specify charitable objectives
4. Distribution Committee: Used when a committee is appointed to make distribution decisions
5. Foreign Element Provisions: Required when trust has international aspects or beneficiaries
6. Tax Elections: Used when specific tax treatment is desired and needs to be documented
7. Variation Powers: Optional enhanced powers to vary trust terms beyond statutory powers
1. Schedule 1 - Trust Property: Details of initial trust assets and property
2. Schedule 2 - Beneficiaries: List of beneficiaries and their respective interests
3. Schedule 3 - Investment Powers: Detailed investment guidelines and restrictions
4. Schedule 4 - Administrative Provisions: Detailed procedures for trust administration
5. Appendix A - Trustee Remuneration Scale: Details of trustee fee structure if applicable
6. Appendix B - Forms of Appointment/Retirement: Standard forms for trustee appointments and retirements
7. Appendix C - Minutes of First Trustee Meeting: Record of initial trustee decisions and appointments
Authors
Appointor
Assets
Beneficiaries
Charitable Purpose
Deed
Distribution Date
Effective Date
Excluded Person
Financial Year
Initial Property
Investment
Irish Revenue
Letter of Wishes
Perpetuity Period
Powers of Investment
Proper Law
Protector
Residuary Fund
Settlor
Specified Interest
Trust
Trust Fund
Trust Period
Trust Property
Trustee
Trustee Act
Vesting Day
Working Day
Writing
Tax Year
Settled Property
Permitted Investment
Professional Trustee
Relevant Tax Legislation
Security
Successor Trustee
Trust Company
Trust Expenses
Trust Income
Trust Purposes
Appointment of Trustees
Trust Powers
Investment Powers
Administrative Powers
Distribution Powers
Trustee Remuneration
Trustee Indemnity
Trustee Liability
Beneficiary Rights
Perpetuity and Accumulation
Variation Powers
Protector Provisions
Governing Law
Jurisdiction
Amendment
Revocation
Termination
Accounting and Reporting
Confidentiality
Tax Provisions
Delegation
Successor Appointment
Notice Requirements
Execution and Attestation
Financial Services
Wealth Management
Private Banking
Legal Services
Charitable Organizations
Family Offices
Estate Planning
Asset Management
Professional Services
Real Estate
Legal
Wealth Management
Trust Services
Private Client Services
Compliance
Tax Advisory
Investment Management
Estate Planning
Fiduciary Services
Risk Management
Trust Lawyer
Private Client Lawyer
Estate Planning Attorney
Trust Officer
Wealth Manager
Tax Consultant
Trust Administrator
Compliance Officer
Financial Advisor
Investment Manager
Legal Counsel
Trust Services Director
Private Client Manager
Fiduciary Services Manager
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