The Trust Termination Agreement is utilized when parties wish to formally conclude a trust arrangement under Belgian law. While Belgium operates under civil law and traditionally doesn't recognize trusts, it has incorporated trust principles through the Hague Trust Convention and its Private International Law Code. This document becomes necessary when trust objectives have been fulfilled, when circumstances require early termination, or when continuation is no longer viable or desired. The agreement must carefully navigate Belgian legal requirements while addressing international trust principles, particularly important given Belgium's civil law system. The Trust Termination Agreement includes comprehensive provisions for asset distribution, tax compliance, trustee discharge, and beneficiary acknowledgments, ensuring a legally sound transition that protects all parties' interests and meets regulatory requirements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of all parties including Trustee(s), Beneficiaries, Settlor (if alive), and any Protector
2. Background: Details of trust creation, purpose, and reasons for termination
3. Definitions: Key terms used throughout the agreement including Trust Property, Distribution Date, and Effective Date
4. Declaration of Termination: Formal statement of trust termination and effective date
5. Distribution of Trust Assets: Detailed provisions for the distribution of trust assets to beneficiaries
6. Final Accounting: Requirements for final trust accounts and financial statements
7. Release and Discharge of Trustee: Terms of trustee's release from duties and responsibilities
8. Tax Provisions: Handling of tax liabilities and obligations arising from termination
9. Representations and Warranties: Statements of fact and assurances from all parties
10. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction
11. Execution Requirements: Formal requirements for valid execution under Belgian law
1. Survival of Indemnities: Used when specific indemnities need to survive trust termination
2. Dispute Resolution: Include when parties wish to specify alternative dispute resolution mechanisms
3. Protector Provisions: Required only if the trust has a protector
4. Foreign Asset Provisions: Include when trust holds assets in multiple jurisdictions
5. Third Party Consents: Include when termination requires consent from external parties
6. Continuation Provisions: Used when certain provisions need to survive termination
1. Schedule 1 - Trust Assets: Comprehensive list of all trust assets to be distributed
2. Schedule 2 - Distribution Plan: Detailed plan showing distribution of assets to each beneficiary
3. Schedule 3 - Outstanding Liabilities: List of any outstanding trust liabilities and their handling
4. Schedule 4 - Final Accounts: Final trust accounts and financial statements
5. Appendix A - Original Trust Deed: Copy of the original trust deed and any amendments
6. Appendix B - Consent Forms: Signed consent forms from all relevant parties
7. Appendix C - Tax Clearance: Tax clearance certificates or relevant tax documentation
Find the exact document you need
Early Termination Contract
A Belgian law-governed agreement that documents the early termination of employment, including required notice periods and settlements.
Download
Mutual Termination Agreement Employment
A Belgian law-governed agreement between employer and employee for the consensual termination of employment relationship, outlining termination terms and mutual obligations.
Download
Termination Deed
A Belgian law-governed document that formally terminates an existing agreement between parties, setting out termination terms and mutual releases.
Download
Trust Termination Agreement
A Belgian law-governed agreement that formalizes the termination of a trust, outlines asset distribution, and releases trustees from their duties.
Download
Lease Termination Contract
A Belgian law-governed agreement that formally terminates a lease between landlord and tenant, setting out termination terms and ensuring compliance with federal and regional regulations.
Download
Contract Closing Letter
A formal document under Belgian law that officially concludes a contractual relationship, confirming completion of obligations and final settlements between parties.
Download
Letter To Cancel A Contract
A formal contract termination letter compliant with Belgian law, used to legally end contractual agreements while meeting all required notice and communication standards.
Download
Non Renewing Lease Letter
A Belgian legal document formally notifying tenants that their lease agreement will not be renewed upon expiration, complying with federal and regional lease laws.
Download
Cancellation Of Agreement For Sale
A Belgian law-governed agreement that formally terminates an existing sale agreement, outlining terms for unwinding the transaction and settling obligations between parties.
Download
Termination Of Service Agreement
A Belgian law-governed agreement that formally terminates an existing service arrangement between parties, establishing terms for service cessation and post-termination obligations.
Download
Distributor Termination Letter
A formal letter governed by Belgian law for terminating a distribution agreement, complying with Belgium's strict distributor protection regulations.
Download
Tenancy Termination Letter
A formal notice document under Belgian law for terminating residential tenancy agreements, complying with Belgian Civil Code and regional housing regulations.
Download
Exit Agreement
Belgian law-governed Exit Agreement establishing terms for employment termination, including severance, settlements, and ongoing obligations.
Download
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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)