Trustee Declaration Form Template for Singapore

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Key Requirements PROMPT example:

Trustee Declaration Form

"I need a Trustee Declaration Form for my appointment as an individual trustee of a family trust holding residential properties in Singapore, with two adult beneficiaries and investment powers limited to conservative investments only."

Document background

The Trustee Declaration Form is a crucial document in Singapore trust law that formalizes a trustee's acceptance of their role and responsibilities. It is typically used when establishing new trusts, appointing replacement trustees, or confirming existing trustee appointments. The form includes detailed information about the trust property, beneficiaries, and the scope of the trustee's powers under Singapore law. This document is essential for compliance with the Trustees Act and provides clear evidence of the trustee's understanding and acceptance of their fiduciary duties.

Suggested Sections

1. Declaration Details: Date, location, and parties involved in the declaration

2. Trustee Information: Full details of trustee(s), including legal capacity and contact information

3. Trust Property Description: Detailed description of assets held in trust

4. Trustee Powers and Duties: Enumeration of trustee responsibilities and authorized actions under the Trustees Act (Chapter 337)

5. Beneficiary Information: Details of trust beneficiaries and their entitlements

Optional Sections

1. Co-Trustee Provisions: Additional provisions and coordination mechanisms when multiple trustees are appointed

2. Professional Trustee Clauses: Specific provisions required for licensed trust companies under the Trust Companies Act

3. Successor Trustee Provisions: Procedures and requirements for trustee replacement and succession

Suggested Schedules

1. Schedule A - Trust Property Details: Comprehensive list and description of all trust assets and properties

2. Schedule B - Beneficiary Rights: Detailed breakdown of beneficiary entitlements and conditions

3. Appendix 1 - Required Documentation: List of supporting documents provided by trustee including identification and certification documents

4. Appendix 2 - Compliance Checklist: Regulatory compliance requirements and confirmations under Singapore law

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Financial Services
Legal Services
Real Estate
Family Offices

Relevant Teams

Legal
Trust Administration
Compliance
Wealth Management
Risk Management

Relevant Roles

Trust Officer
Wealth Manager
Legal Counsel
Compliance Officer
Estate Planner

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Let's create your Trustee Declaration Form

Authors

Alex Denne

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