Definitive Trust Deed Template for Ireland

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Definitive Trust Deed

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

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."

Document background
The Definitive Trust Deed is a fundamental legal instrument used in Irish trust law to establish and document trust arrangements. It is typically employed when there is a need to create a formal, long-term trust structure for estate planning, asset protection, charitable purposes, or family wealth management. The document comprehensively details the transfer of assets, trustee powers and obligations, beneficiary rights, and administrative procedures, all while ensuring compliance with Irish legal requirements and regulatory frameworks. This type of deed is essential for various purposes, including family trusts, charitable trusts, pension trusts, and other fiduciary arrangements, and must be carefully drafted to ensure it meets both the settlor's intentions and legal requirements under Irish jurisdiction.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Financial Services

Wealth Management

Private Banking

Legal Services

Charitable Organizations

Family Offices

Estate Planning

Asset Management

Professional Services

Real Estate

Relevant Teams

Legal

Wealth Management

Trust Services

Private Client Services

Compliance

Tax Advisory

Investment Management

Estate Planning

Fiduciary Services

Risk Management

Relevant Roles

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

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Trust Deed For Creditors

An Irish law trust arrangement establishing a framework for managing and distributing a debtor's assets among creditors through a appointed trustee.

find out more

Deed Of Bare Trust

An Irish law-governed deed establishing a bare trust arrangement where trustees hold legal title to assets while beneficiaries maintain complete beneficial ownership and control.

find out more

Pension Scheme Trust Deed

An Irish law-governed trust deed establishing and regulating an occupational pension scheme, defining roles, responsibilities, and operational rules in compliance with Irish pension regulations.

find out more

Employee Ownership Trust Deed

An Irish law governed trust deed establishing an Employee Ownership Trust, defining the framework for collective employee ownership of company shares.

find out more

Definitive Trust Deed

An Irish law-governed trust instrument that establishes and regulates the formal transfer and management of assets from settlor to trustees for the benefit of designated beneficiaries.

find out more

Deed Of Interest

An Irish law deed that creates or transfers specific interests in property, requiring formal execution and registration with relevant authorities.

find out more

Declaration Of Bare Trust

An Irish law governed document establishing a bare trust arrangement where a trustee holds legal title to property solely for a beneficiary's benefit, with no active management duties.

find out more

Deed Of Beneficial Interest

An Irish law governed deed that establishes a trust arrangement separating legal and beneficial ownership of property or assets, defining rights and obligations of trustees and beneficial owners.

find out more

Personal Injury Trust Deed

An Irish legal document establishing a trust to manage personal injury compensation funds, setting out terms for trustees and protecting the beneficiary's interests under Irish law.

find out more

Performance Deed Of Trust

An Irish law governed trust deed that establishes a performance-based trust arrangement for managing and distributing assets or benefits based on specific performance criteria.

find out more

Promissory Note Deed

An Irish law-governed deed containing an unconditional promise to pay a specified sum of money, with defined payment terms and enforcement mechanisms.

find out more

Declaration Of Trust Joint Tenancy

An Irish legal document establishing joint property ownership with survivorship rights under Irish property law.

find out more

Flexible Trust Deed

An Irish law-governed trust deed establishing a flexible trust structure for asset management and distribution, with comprehensive trustee powers and beneficiary provisions.

find out more

Debt Trust Deed

An Irish law-governed trust deed establishing the terms and security arrangements for debt securities, defining trustee powers and party obligations.

find out more

Life Trust Deed

An Irish law-governed deed establishing a trust during the settlor's lifetime, defining asset management and distribution terms for trustees and beneficiaries.

find out more

Declaration Of Trust For Shares

An Irish law document establishing a trust arrangement for shares, defining trustee obligations and beneficiary rights in share ownership and management.

find out more

Security Trust Deed

An Irish law-governed deed establishing a security trust arrangement where a trustee holds security interests on behalf of multiple beneficiaries.

find out more

Deed Of Debt

An Irish law deed that formally creates or acknowledges a debt obligation, providing enhanced enforceability and a 12-year limitation period.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.