All Countries
Real Estate
Family Trust Deed

Family Trust Deed Template for Pakistan

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

4.6 / 5
4.8 / 5

Let's create your Family 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:

Family Trust Deed

"I need a Family Trust Deed to transfer my technology manufacturing business to my three children, with specific provisions for business succession planning and graduated distribution of assets starting from March 2025, ensuring professional management until my youngest child turns 25."

Celebrated by
Collaborations with
Investors
Document background
The Family Trust Deed is a crucial legal instrument in Pakistan's estate planning landscape, designed to facilitate structured family wealth management and succession planning. This document is typically used when families seek to protect and preserve their assets for future generations, ensure efficient wealth transfer, and potentially optimize tax implications. The deed must comply with Pakistan's Trust Act 1882, Registration Act 1908, and other relevant legislation, while often incorporating Islamic law principles. It's particularly valuable for high-net-worth individuals, business owners, and families with complex asset structures who want to establish clear guidelines for wealth distribution and asset management. The Family Trust Deed includes comprehensive provisions for trust administration, beneficiary rights, trustee powers, and investment guidelines, making it an essential tool for long-term family wealth preservation and governance.
Suggested Sections

1. Parties: Identification of the Settlor(s), Trustee(s), and named Beneficiaries

2. Background: Context of trust creation, family circumstances, and settlor's intentions

3. Definitions: Detailed definitions of terms used throughout the deed

4. Declaration of Trust: Formal establishment of the trust and transfer of initial trust property

5. Trust Purpose: Clear statement of the trust's objectives and intended benefits for family members

6. Trust Period: Duration of the trust and conditions for its termination

7. Powers of Trustees: Comprehensive list of trustees' powers in managing trust assets

8. Duties of Trustees: Obligations and responsibilities of trustees in administering the trust

9. Beneficiaries' Rights: Rights and entitlements of beneficiaries under the trust

10. Distribution Rules: Rules governing the distribution of income and capital to beneficiaries

11. Appointment and Removal of Trustees: Procedures for changing trustees and minimum number requirements

12. Trust Administration: Day-to-day management procedures and decision-making processes

13. Amendment Provisions: Circumstances and procedures for modifying trust terms

14. Governing Law: Specification of Pakistani law as governing law and jurisdiction

Optional Sections

1. Shariah Compliance: Section detailing Islamic law compliance measures, used when the trust needs to operate according to Islamic principles

2. Special Needs Provisions: Specific provisions for beneficiaries with special needs or disabilities

3. Business Operation Provisions: Rules for handling family business interests within the trust, used when business assets are included

4. Conflict Resolution: Detailed dispute resolution procedures, including mediation and arbitration processes

5. Protector Provisions: Appointment and powers of a trust protector, used for additional oversight

6. Foreign Asset Provisions: Special provisions for managing international assets, used when trust includes overseas properties

7. Education Trust Provisions: Specific rules for educational expenses of beneficiaries, used when education funding is a key objective

8. Charitable Giving: Provisions for charitable donations, used when philanthropic activities are desired

Suggested Schedules

1. Schedule A - Trust Property: Detailed inventory of initial trust assets and properties

2. Schedule B - Beneficiary Details: Complete information about beneficiaries and their respective entitlements

3. Schedule C - Distribution Formula: Specific calculations and formulas for trust distributions

4. Schedule D - Investment Guidelines: Investment policies and permitted investment categories

5. Schedule E - Trustee Compensation: Details of trustee remuneration and expense reimbursement

6. Appendix 1 - Family Tree: Family relationship diagram showing potential beneficiaries

7. Appendix 2 - Asset Valuation Reports: Professional valuations of major trust assets

8. Appendix 3 - Tax Considerations: Summary of relevant tax implications and planning considerations

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Trust
Trust Property
Trust Fund
Settlor
Trustee
Primary Beneficiaries
Contingent Beneficiaries
Trust Period
Vesting Date
Distribution Date
Trust Income
Trust Capital
Accumulation Period
Accounting Period
Appointment Date
Trust Deed
Trust Protector
Trust Administrator
Governing Law
Trust Powers
Investment Assets
Authorized Investments
Family Members
Legal Guardian
Minor Beneficiary
Trust Committee
Trust Resolution
Distribution Schedule
Trust Expenses
Trust Register
Trust Documents
Successor Trustee
Trust Administration
Initial Property
Shariah Principles
Financial Year
Trust Income
Perpetuity Period
Discretionary Power
Amendment Power
Revocation Power
Trust Accounts
Professional Advisor
Distribution Policy
Investment Guidelines
Clauses
Trust Declaration
Trust Objects
Trust Duration
Trustee Appointment
Trustee Powers
Trustee Duties
Trustee Remuneration
Beneficiary Rights
Distribution Rules
Income Distribution
Capital Distribution
Investment Powers
Asset Management
Property Dealings
Trust Administration
Record Keeping
Financial Reporting
Tax Compliance
Dispute Resolution
Amendment Powers
Revocation Rights
Termination Provisions
Successor Trustees
Protector Provisions
Governing Law
Jurisdiction
Confidentiality
Asset Protection
Beneficiary Exclusion
Islamic Law Compliance
Minor Beneficiaries
Trust Committee
Decision Making
Delegation Powers
Indemnification
Trust Expenses
Investment Restrictions
Distribution Discretion
Accumulation Powers
Variation Powers
Perpetuity Rules
Severability
Force Majeure
Notices
Execution Requirements
Relevant Industries

Legal Services

Wealth Management

Financial Services

Real Estate

Family Business

Private Banking

Tax Advisory

Islamic Finance

Estate Planning

Professional Services

Relevant Teams

Legal

Wealth Management

Private Banking

Estate Planning

Tax Advisory

Compliance

Trust Administration

Investment Management

Islamic Finance

Client Relations

Relevant Roles

Trust Lawyer

Estate Planning Attorney

Wealth Manager

Private Banker

Tax Consultant

Family Office Manager

Trust Administrator

Financial Advisor

Legal Counsel

Islamic Finance Advisor

Succession Planning Specialist

Property Manager

Corporate Trustee

Investment Manager

Compliance Officer

Industries
Trust Act 1882: Primary legislation governing the creation, administration, and dissolution of trusts in Pakistan. Defines the roles and responsibilities of trustees, beneficiaries, and settlors.
Registration Act 1908: Governs the registration requirements for trust deeds, particularly when they involve immovable property. Specifies the procedure for registration and documentation requirements.
Transfer of Property Act 1882: Regulates the transfer of property to the trust and defines legal requirements for property transactions within the trust structure.
Income Tax Ordinance 2001: Determines the tax implications and obligations for the trust, trustees, and beneficiaries, including tax treatment of trust income and distributions.
Islamic Law (Shariah): Provides principles relevant to family wealth management and inheritance, which may need to be considered in structuring the trust in accordance with Islamic principles.
Stamp Act 1899: Specifies the stamp duty requirements for trust deed execution and registration.
Guardian and Wards Act 1890: Relevant when the trust involves minor beneficiaries, governing the appointment and duties of guardians managing trust assets for minors.
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

Pension Trust Deed

A Pakistani law-governed trust deed establishing and regulating an employee pension scheme, compliant with SECP regulations and Trust Act 1882.

find out more

Voluntary Trust Deed

A legal document under Pakistani law establishing a voluntary trust relationship, defining asset transfer, management terms, and beneficiary rights.

find out more

Definitive Trust Deed

A legally binding document under Pakistani law that establishes a trust, defining the transfer of assets, beneficiary rights, and trustee responsibilities.

find out more

Protected Trust Deed

A formal debt arrangement document under Pakistani law where assets are transferred to a trustee to manage creditor payments.

find out more

Replacement Trust Deed

A Pakistani law-governed document replacing an existing trust deed while maintaining the trust's core structure and updating its administrative provisions.

find out more

Revocable Gift Deed

A legal document under Pakistani law enabling property transfer as a gift while maintaining the donor's right to revoke under specified conditions.

find out more

Construction Deed Of Trust

A legal document under Pakistani law establishing a trust structure for managing construction projects, defining relationships between stakeholders and ensuring regulatory compliance.

find out more

Declaration Of Trust Agreement

A legal document under Pakistani law establishing a trust relationship, defining how trustees manage assets for beneficiaries' benefit.

find out more

Deed Of Trust Agreement

A Pakistani law-governed agreement establishing a trust arrangement, detailing asset transfer, management, and beneficiary rights while ensuring compliance with local legal requirements.

find out more

Second Trust Deed

A legal document under Pakistani law that modifies or supplements an existing trust arrangement, requiring compliance with the Trust Act 1882 and related legislation.

find out more

Irrevocable Deed Of Gift

A legal instrument under Pakistani law for permanent and irrevocable transfer of property as a gift, compliant with both civil and Islamic law requirements.

find out more

Security Trust Deed

A Pakistani law-governed document establishing a trust structure for holding and managing security interests on behalf of beneficiaries, typically used in secured financing transactions.

find out more

Family Trust Deed

A legal document under Pakistani law establishing a family trust for wealth management and succession planning, governed by the Trust Act 1882 and related legislation.

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.

Read our Privacy Policy.