A Trust Settlement Agreement is a crucial legal instrument used in Hong Kong for establishing formal trust arrangements. This document is essential when individuals or entities wish to transfer assets to be managed by trustees for the benefit of specified beneficiaries. It's commonly used in estate planning, family wealth management, charitable purposes, and corporate structuring. The agreement must comply with Hong Kong's trust laws, particularly the Trustee Ordinance (Cap. 29) and the Perpetuities and Accumulations Ordinance (Cap. 257). It contains detailed provisions regarding trust property, trustee powers and duties, beneficiary rights, trust administration procedures, and distribution mechanisms. The document is particularly relevant in Hong Kong's financial center context, where trusts are frequently used for international asset management and succession planning.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identifies the Settlor, Trustee(s), and any Protector or Enforcer of the trust
2. Background: Sets out the context and purpose of the trust settlement
3. Definitions: Defines key terms used throughout the agreement
4. Declaration of Trust: Formal establishment of the trust and transfer of assets to trustees
5. Trust Property: Detailed description of the initial trust assets and provisions for additions
6. Beneficiaries: Identifies the beneficiaries and their respective interests
7. Powers of Trustees: Comprehensive list of trustees' powers in managing the trust
8. Duties of Trustees: Obligations and responsibilities of the trustees
9. Trust Administration: Procedures for managing the trust, including meetings and decision-making
10. Distribution Provisions: Rules governing how and when trust assets can be distributed
11. Trust Period: Duration of the trust and termination provisions
12. Governing Law and Jurisdiction: Confirms Hong Kong law as governing law and jurisdiction
13. Execution: Signature blocks and execution formalities
1. Protector Provisions: Include when a protector is appointed to oversee certain trustee actions
2. Letter of Wishes: Include when the settlor wishes to provide non-binding guidance to trustees
3. Change of Trustees: Include detailed provisions for trustee retirement and appointment when requested
4. Investment Provisions: Include specific investment powers and restrictions beyond statutory provisions
5. Charitable Purposes: Include when the trust has charitable elements or purposes
6. Foreign Element Provisions: Include when trust has international aspects or foreign beneficiaries
7. Trust Company Provisions: Include when a corporate trustee is appointed
8. Arbitration Clause: Include when parties want disputes resolved through arbitration
1. Schedule 1: Initial Trust Property: Detailed inventory of assets initially settled into the trust
2. Schedule 2: Trustee Powers: Comprehensive list of specific powers granted to trustees
3. Schedule 3: Trustee Remuneration: Details of trustee fees and reimbursement provisions
4. Schedule 4: Administrative Provisions: Detailed procedures for trust administration
5. Schedule 5: Beneficiary Schedule: Full details of beneficiaries and their respective interests
6. Appendix A: Letter of Wishes: Non-binding memorandum from settlor regarding trust administration
7. Appendix B: Investment Guidelines: Detailed investment parameters and restrictions
8. Appendix C: Deed of Retirement and Appointment: Template for future trustee changes
Relevant legal definitions
Accumulation Period
Applicable Law
Appointor
Assets
Authorised Investments
Beneficiaries
Capital
Charitable Purpose
Commencement Date
Corporate Trustee
Deed of Retirement and Appointment
Default Beneficiaries
Discretionary Beneficiaries
Distribution Date
Excluded Person
Financial Year
Governing Law
Income
Initial Property
Investment Advisor
Investment Powers
Letter of Wishes
Minor
Net Income
Perpetuity Period
Power of Appointment
Proper Law
Protector
Recognised Stock Exchange
Settled Property
Settlor
Specified Beneficiaries
Termination Date
Trust
Trust Fund
Trust Period
Trust Property
Trustee
Trustee Act
Vesting Date
Working Day
Applicable Law
Appointor
Assets
Authorised Investments
Beneficiaries
Capital
Charitable Purpose
Commencement Date
Corporate Trustee
Deed of Retirement and Appointment
Default Beneficiaries
Discretionary Beneficiaries
Distribution Date
Excluded Person
Financial Year
Governing Law
Income
Initial Property
Investment Advisor
Investment Powers
Letter of Wishes
Minor
Net Income
Perpetuity Period
Power of Appointment
Proper Law
Protector
Recognised Stock Exchange
Settled Property
Settlor
Specified Beneficiaries
Termination Date
Trust
Trust Fund
Trust Period
Trust Property
Trustee
Trustee Act
Vesting Date
Working Day
Clauses
Interpretation
Declaration of Trust
Trust Property
Trust Period
Beneficiary Rights
Trustee Powers
Trustee Duties
Investment Provisions
Distribution Provisions
Accumulation
Appointment and Removal
Protector Provisions
Administration
Accounting and Reporting
Variation
Revocation
Indemnification
Governing Law
Jurisdiction
Confidentiality
Anti-Money Laundering
Dispute Resolution
Severability
Amendment
Termination
Declaration of Trust
Trust Property
Trust Period
Beneficiary Rights
Trustee Powers
Trustee Duties
Investment Provisions
Distribution Provisions
Accumulation
Appointment and Removal
Protector Provisions
Administration
Accounting and Reporting
Variation
Revocation
Indemnification
Governing Law
Jurisdiction
Confidentiality
Anti-Money Laundering
Dispute Resolution
Severability
Amendment
Termination
Relevant Industries
Financial Services
Wealth Management
Private Banking
Legal Services
Estate Planning
Family Office
Corporate Services
Trust Services
Asset Management
Private Equity
Real Estate
Insurance
Relevant Teams
Legal
Compliance
Wealth Management
Trust Administration
Private Banking
Estate Planning
Risk Management
Corporate Services
Client Relations
Financial Advisory
Trust Operations
Asset Management
Relevant Roles
Trust Manager
Private Banker
Wealth Manager
Legal Counsel
Trust Administrator
Compliance Officer
Estate Planner
Tax Advisor
Financial Advisor
Corporate Trustee
Trust Officer
Relationship Manager
Family Office Manager
Asset Manager
Risk Manager
Trust Operations Manager
Find the exact document you need
Vehicle Lease Agreement Between Two Parties
A Hong Kong law-governed agreement establishing terms and conditions for vehicle leasing between two parties, including payment, maintenance, and insurance requirements.
find out more
Termination Paperwork For Employee
A Hong Kong law-compliant employee termination document that formalizes employment separation and outlines all associated rights, obligations, and payments.
find out more
Termination Of Leases
A Hong Kong law-governed agreement for the mutual termination of a lease, outlining termination terms, property handover, and financial settlements.
find out more
Termination Of Independent Contractor Agreement Letter
A Hong Kong law-governed letter that formally terminates an independent contractor agreement, specifying termination terms and post-termination obligations.
find out more
Termination Of Dealership Agreement
A Hong Kong law-governed agreement that formally terminates a dealership arrangement between a supplier and dealer, setting out terms for ending the business relationship.
find out more
Joint Venture Term Sheet
A preliminary document under Hong Kong law outlining key terms and conditions for a proposed joint venture, serving as the basis for detailed documentation.
find out more
Ending Tenancy Agreement Early
A Hong Kong law-governed agreement that enables landlords and tenants to formally terminate a tenancy before its scheduled end date.
find out more
Ending Lease Agreement
A Hong Kong-law governed agreement that formally documents the termination of a lease arrangement between landlord and tenant, including settlement and handover terms.
find out more
Contract Bond For Employee
A Hong Kong-governed agreement creating a financial security between employer and employee to ensure continued service or protect training investment.
find out more
Hire Purchase Agreement Motor Vehicle
A Hong Kong law-governed agreement for financing vehicle purchases through installment payments, transferring ownership upon completion of all payments.
find out more
Breaking Lease Agreement
A Hong Kong-compliant legal agreement for the mutual early termination of a lease, outlining termination terms and settlement conditions.
find out more
Mutual Termination Of Lease Agreement
A Hong Kong law-governed agreement documenting the mutual consent between landlord and tenant to terminate an existing lease early, including termination terms and mutual releases.
find out more
Periodic Tenancy Notice To Quit
A formal legal notice used in Hong Kong to terminate a periodic tenancy, complying with local legislative requirements and notice periods.
find out more
Ending Lease Agreement Letter
A formal notice under Hong Kong law to terminate a lease agreement between landlord and tenant, outlining termination details and handover arrangements.
find out more
Mutual Termination Agreement Employment
A Hong Kong law-governed agreement for the consensual termination of employment between employer and employee, setting out termination terms and mutual releases.
find out more
Cancel Tenancy Agreement Letter
A formal letter for terminating a tenancy agreement in Hong Kong, complying with local property laws and providing official notice of termination.
find out more
Termination Of Rental Agreement Letter By Tenant
A Hong Kong-compliant formal notice from tenant to landlord declaring intention to terminate a rental agreement, including termination date and property details.
find out more
Termination Of Contract Of Lease Letter
A formal notice under Hong Kong law to terminate a lease agreement between landlord and tenant, including key termination details and handover arrangements.
find out more
Property Management Lease Agreement
A Hong Kong-governed agreement between property owners and management companies establishing terms for property management services.
find out more
Periodic Lease Agreement
A Hong Kong law-governed agreement establishing a recurring tenancy arrangement between landlord and tenant, typically on a month-to-month basis.
find out more
Partnership Term Sheet
A preliminary document outlining key terms for establishing a partnership under Hong Kong law, serving as a basis for a full partnership agreement.
find out more
Independent Contractor Termination
A Hong Kong law-governed agreement for formally terminating an independent contractor relationship, including termination terms, final payments, and post-termination obligations.
find out more
Termination Of Month To Month Lease
A Hong Kong law-compliant document providing formal notice to terminate a month-to-month lease agreement, including termination date and handover requirements.
find out more
Termination Of Health Insurance Letter From Employer
A formal notification letter from employer to employee regarding the termination of company health insurance coverage, compliant with Hong Kong regulations.
find out more
Religious Worker Visa Application Form
A Hong Kong visa application form for religious workers seeking employment in local religious institutions, compliant with Hong Kong immigration laws.
find out more
Loan Swap Agreement
A Hong Kong law-governed agreement establishing terms for exchanging loan-related payment obligations between parties, including interest rates and principal amounts.
find out more
Lease Buyout Agreement
A Hong Kong law-governed agreement facilitating the early termination of a lease between landlord and tenant, including buyout terms and mutual releases.
find out more
Employee Evaluation Report
A Hong Kong-compliant employee performance evaluation document that records performance assessments, achievements, and development plans while meeting local legal requirements.
find out more
Termination Of Contract Form
A Hong Kong law-compliant document that formally terminates an existing contract between parties, specifying termination terms and conditions.
find out more
Termination Of Broker Agreement
A Hong Kong law-governed agreement that terminates an existing broker relationship, settling all obligations and ensuring regulatory compliance.
find out more
Termination Of Agency Contract
A Hong Kong law-governed document that formally terminates an agency relationship, outlining termination terms and post-termination obligations.
find out more
Termination Of Employment Without Notice
A Hong Kong law-governed document for immediate employment termination without notice, typically used for serious misconduct cases under the Employment Ordinance.
find out more
Termination Of Construction Contract By Owner And Contractor
A Hong Kong law-governed agreement between property owner and contractor for mutual termination of a construction contract, including settlement terms and handover procedures.
find out more
Early Release From Probation Letter
A Hong Kong-compliant letter confirming an employee's early release from probation and transition to permanent employment status.
find out more
Cancellation Of Agreement To Sell
A Hong Kong law-governed document that formally terminates an existing sale agreement between parties, outlining terms for cancellation and mutual releases.
find out more
Termination Of Property Management Agreement
A Hong Kong-governed agreement for terminating property management services, including handover procedures and settlement terms under local property management regulations.
find out more
Termination Of Acting Appointment Letter
A Hong Kong law-governed letter that formally terminates an individual's acting appointment within an organization, including termination details and handover requirements.
find out more
Tenant Demand Letter
A formal demand letter under Hong Kong law from landlord to tenant regarding lease breaches or overdue payments, serving as a prerequisite to legal action.
find out more
Exercise Liability Waiver
A Hong Kong law-governed liability waiver protecting fitness facilities and trainers from claims related to exercise activities.
find out more
Termination Verification Letter
A formal letter under Hong Kong law confirming employment termination, including termination date, final payments, and post-employment arrangements.
find out more
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)