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Deed Of Gift To Trust
"I need a Deed of Gift to Trust to transfer my London property (valued at £2.5M) into a trust for my three children, with specific provisions for income distribution during their university years and full capital distribution when they turn 25."
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1. Parties: Identifies the donor, trustees, and any other relevant parties
2. Background: Explains the context and purpose of the gift
3. Definitions: Defines key terms used in the deed
4. Declaration of Gift: Formal statement of the gift and its terms
5. Trust Terms: Specifies how the gift is to be held in trust
6. Trustee Powers: Details the powers granted to trustees
7. Execution: Signature blocks and attestation
1. Tax Warranties: Additional warranties and representations regarding tax status and implications of the gift
2. Revocation Rights: Provisions specifying any circumstances under which the gift may be revoked
3. Investment Powers: Specific investment authorities and restrictions for complex financial assets
1. Schedule 1: Property Description: Detailed description and inventory of the gifted property
2. Schedule 2: Trustee Powers: Comprehensive list of trustee powers and authorities
3. Schedule 3: Beneficiary Details: Information about trust beneficiaries and their respective interests
4. Appendix A: Valuation Report: Independent valuation of gifted assets where required
Authors
Trustees
Trust Fund
Trust Period
Beneficiaries
Gifted Property
Accumulation Period
Appointment Date
Commencement Date
Deed
Distribution Date
Effective Date
Perpetuity Period
Proper Law
Trust Powers
Vesting Day
Working Day
Trust Income
Trust Capital
Permitted Investments
Professional Trustee
Successor Trustees
Trust Expenses
Trust Documents
Trust Purposes
Investment Adviser
Legal Rights
Security Interest
Tax Year
Relevant Tax Authority
Gift Transfer
Trust Creation
Trustee Powers
Trustee Duties
Investment Powers
Administrative Powers
Beneficiary Rights
Distribution Powers
Accumulation Powers
Appointment and Removal of Trustees
Trustee Indemnification
Trust Period
Perpetuity Provisions
Tax Provisions
Variation Powers
Governing Law
Severability
Attestation
Execution
Warranties
Revocation Rights
Asset Management
Income Distribution
Capital Distribution
Amendment Powers
Notices
Accounting and Records
Dispute Resolution
Termination
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