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Irrevocable Clause The author or settler tends to remain the owner of the trust property and exercise control over it. Trust property would be remitted to the intended and mentioned beneficiary, after the death of the author/grantor/settlor. On the demise of the grantor, the revocable trust becomes an irrevocable one.
Memorandum of Association (MOA) represents the charter containing the objectives of the Trust and also defines the relationship of the Trustor with the Trustees. It should contain the names, addresses and occupations of all the members along with their signatures.
) It shall be lawful for the Trustees to invite and accept donations, subscriptions, contributions, gifts, devises, legacies or otherwise either in cash or property movable or immovable or in any form whatsoever form individuals, institutions, companies, firms, associations or any other body corporate and the cash, ...
This Deed of Trust (the ?Trust Deed?) sets out the terms and conditions upon which: [Settlor Name] (the ?Settlor?), of [Settlor Address], settles that property set out in Schedule A (the ?Property?) upon [Trustee Name] (the ?Trustee?), being a Company duly registered under the laws of [state] with registered number [ ...
A trust deed is a legal document that sets out the rules for establishing and operating your fund. It includes such things as the fund's objectives, who can be a member and whether benefits can be paid as a lump sum or income stream.