The Family Trust Deed is a crucial legal instrument used in Hong Kong for establishing private family trust arrangements. It is particularly relevant when individuals or families seek to implement structured succession planning, asset protection, or tax-efficient wealth transfer solutions. The document comprehensively details the trust structure, including the initial settlement of assets, beneficiary rights, trustee powers, and administrative provisions. Under Hong Kong law, which follows common law principles, the Family Trust Deed must comply with the Trustee Ordinance (Cap. 29) and related legislation, making it essential to incorporate specific local legal requirements while maintaining flexibility for international assets and beneficiaries. This document type is commonly used by high-net-worth individuals and families seeking to preserve wealth across generations while maintaining confidentiality and tax efficiency.
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
Alternatively...
1. Parties: Identifies the Settlor, Initial Trustee(s), and any Protector or Appointor
2. Background: Sets out the context and intention to create the trust
3. Definitions and Interpretation: Defines key terms used throughout the deed and interpretation rules
4. Declaration of Trust: Formal declaration creating the trust and transferring initial assets
5. Trust Period: Defines the duration of the trust and perpetuity period
6. Beneficiaries: Identifies the class of beneficiaries and their respective interests
7. Distribution of Income: Rules and procedures for income distribution to beneficiaries
8. Distribution of Capital: Rules and procedures for capital distribution to beneficiaries
9. Trustee Powers: Comprehensive list of investment and management powers of trustees
10. Administrative Provisions: Procedures for trust administration, record-keeping, and accounts
11. Appointment and Removal of Trustees: Process for changing trustees and related provisions
12. Trustee Remuneration and Expenses: Provisions for trustee compensation and reimbursement
13. Variation of Trust: Powers and procedures for amending trust terms
14. Governing Law and Jurisdiction: Specifies Hong Kong law as governing law and jurisdiction
1. Protector Provisions: Required when the trust includes a protector role, defining their powers and duties
2. Letter of Wishes: Optional non-binding guidance from settlor to trustees about trust administration
3. Special Powers: Additional powers for specific situations like business ownership or foreign assets
4. Minor Beneficiaries: Special provisions for managing benefits for underage beneficiaries
5. Charitable Provisions: Required when the trust includes charitable purposes or beneficiaries
6. Investment Committee: Required when establishing a committee to guide investment decisions
7. Family Council: Provisions for establishing a family governance structure
8. Conflict Resolution: Specific procedures for resolving disputes between beneficiaries or trustees
1. Schedule 1 - Initial Trust Fund: Details of assets initially settled into the trust
2. Schedule 2 - Beneficiaries: Full details of initial beneficiaries and their respective interests
3. Schedule 3 - Trustee Powers: Detailed list of specific investment and management powers
4. Schedule 4 - Administrative Provisions: Detailed administrative procedures and requirements
5. Schedule 5 - Remuneration Schedule: Details of trustee remuneration calculations and terms
6. Appendix A - Letter of Wishes: Non-binding memorandum from settlor providing guidance to trustees
7. Appendix B - Family Constitution: Optional document setting out family governance principles
8. Appendix C - Investment Policy Statement: Guidelines for trust investment strategy and objectives
Authors
Find the document you need
Retirement Letter
A formal letter used in Hong Kong to communicate an employee's retirement intention and outline retirement arrangements in accordance with Hong Kong employment law.
Download
1 Month Notice Letter
A Hong Kong law-compliant termination notice letter providing one month's notice of employment termination, including key termination details and final arrangements.
Download
Maternity Leave Letter To Employer
A formal letter notifying an employer of maternity leave requirements under Hong Kong law, including leave dates and statutory entitlements.
Download
Early Retirement Letter Due To Medical Reasons
A Hong Kong law-governed letter document facilitating employee early retirement due to medical reasons, including entitlements and compliance requirements.
Download
Quit Notice Letter From Landlord To Tenant
A formal notice document used in Hong Kong by landlords to legally terminate a tenancy agreement, complying with local property law requirements.
Download
Family Trust Deed
A Hong Kong law-governed deed establishing a family trust arrangement, defining asset management and distribution terms.
Download
Farewell Letter
A professional communication document used in Hong Kong to announce an employee's departure from an organization while maintaining positive professional relationships.
Download
Farewell Letter To Clients
A Hong Kong law-governed formal letter notifying clients of a professional's departure and ensuring smooth transition of services.
Download
Early Retirement Letter
A Hong Kong law-governed letter documenting the terms and conditions of an employee's early retirement, including financial settlements and benefit arrangements.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your data is 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
