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1. Parties: Identifies the Settlor, Trustee(s), and any Protector or initial Beneficiaries
2. Background: Sets out the context and purpose of the trust arrangement
3. Definitions and Interpretation: Defines key terms used throughout the agreement and interpretation rules
4. Declaration of Trust: Formal declaration establishing the trust and transfer of property
5. Trust Property: Detailed description of the initial trust property and provisions for additions
6. Beneficiaries: Identifies the beneficiaries and their respective interests
7. Powers and Duties of Trustees: Comprehensive list of trustees' powers and obligations
8. Administration of Trust: Provisions for trust management, including investment powers and distribution rules
9. Duration of Trust: Specifies the trust period and termination events
10. Distribution of Income and Capital: Rules governing how and when trust assets are distributed
11. Appointment and Retirement of Trustees: Procedures for changing trustees
12. Trustee Remuneration: Provisions for trustee compensation and expense reimbursement
13. Governing Law and Jurisdiction: Specifies Hong Kong law as governing law and jurisdiction
14. Execution: Signature blocks and execution formalities
1. Protector Provisions: Required when a protector is appointed to oversee certain trustee actions
2. Letter of Wishes: Used when the settlor wishes to provide non-binding guidance to trustees
3. Investment Guidelines: Included when specific investment parameters are to be established
4. Trust Committee: Required when a committee is established to assist in trust administration
5. Foreign Element Provisions: Included when trust has international aspects or foreign beneficiaries
6. Variation Powers: Enhanced powers to vary trust terms beyond statutory provisions
7. Minor Beneficiary Provisions: Required when beneficiaries include minors
8. Perpetuity Period Extensions: Used when specific arrangements for trust duration are needed
1. Schedule 1: Initial Trust Property: Detailed inventory and description of assets forming initial trust property
2. Schedule 2: Beneficiaries: Full details of initial beneficiaries and their respective interests
3. Schedule 3: Trustee Powers: Comprehensive list of specific powers granted to trustees
4. Schedule 4: Administrative Provisions: Detailed administrative procedures and requirements
5. Appendix A: Investment Guidelines: Specific investment parameters and restrictions
6. Appendix B: Fee Schedule: Detailed breakdown of trustee fees and charges
7. Appendix C: Distribution Guidelines: Specific guidelines for trust distribution decisions
8. Appendix D: Conflict Resolution Procedures: Detailed procedures for resolving disputes among parties
Applicable Law
Appointer
Assets
Authorized Investments
Beneficiaries
Distribution Date
Effective Date
Excluded Person
Financial Year
Hong Kong
Income
Initial Trust Property
Investment
Letter of Wishes
Net Income
Perpetuity Period
Personal Property
Power of Appointment
Principal
Protector
Related Persons
Relevant Date
Settlor
Specified Interest Rate
Trust
Trust Fund
Trust Period
Trustee
Trustee Act
Trust Property
Trust Purposes
Valid Declaration
Vesting Date
Working Day
Definitions
Declaration of Trust
Trust Property
Beneficiary Rights
Trustee Powers
Trustee Duties
Investment Powers
Distribution Powers
Administrative Provisions
Protector Provisions
Appointment and Removal
Remuneration
Liability and Indemnification
Amendment Powers
Revocation Powers
Duration and Termination
Perpetuity Period
Governing Law
Dispute Resolution
Confidentiality
Tax Provisions
Compliance
Notice Requirements
Severability
Assignment
Execution
Financial Services
Wealth Management
Private Banking
Legal Services
Family Office Services
Estate Planning
Asset Management
Professional Services
Trust Administration
Private Client Services
Legal
Wealth Management
Trust Administration
Compliance
Private Banking
Risk Management
Client Relations
Estate Planning
Operations
Document Management
Trust Officer
Private Client Lawyer
Wealth Manager
Estate Planning Attorney
Trust Administrator
Compliance Officer
Financial Advisor
Private Banker
Family Office Manager
Trust Operations Manager
Legal Counsel
Risk Management Officer
Asset Manager
Relationship Manager
Trust Account Manager
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