The Joint Trust Agreement is a sophisticated legal instrument used in the Philippines when multiple parties wish to establish a collective trust arrangement for asset management, wealth preservation, or estate planning purposes. This document is particularly crucial when there's a need to consolidate multiple assets or interests under a single trust structure, while maintaining individual rights and specific distribution arrangements. The agreement must comply with Philippine trust laws, including the Civil Code of the Philippines and BSP regulations, and typically includes comprehensive provisions for trust administration, asset management, beneficiary rights, and trustee duties. It's commonly used in family wealth management, business succession planning, or joint investment ventures where multiple parties need to pool their assets under professional trustee management.
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 to the agreement including the trustors, trustees, and beneficiaries
2. Background: Context of the agreement, relationship between parties, and purpose of establishing the trust
3. Definitions: Detailed definitions of terms used throughout the agreement
4. Trust Creation: Formal establishment of the trust, declaration of trust property, and initial contribution
5. Trust Property: Detailed description of assets being placed in trust and any conditions attached to them
6. Appointment of Trustees: Formal appointment of trustees, their acceptance, and general powers
7. Duties and Powers of Trustees: Comprehensive list of trustees' responsibilities, powers, and limitations
8. Rights and Obligations of Trustors: Outline of trustors' continuing rights and obligations regarding the trust
9. Beneficiary Rights: Details of beneficiary entitlements, conditions for distribution, and rights to information
10. Trust Administration: Procedures for managing the trust, including decision-making processes and meetings
11. Financial Provisions: Requirements for accounting, auditing, and financial reporting
12. Duration and Termination: Term of the trust and circumstances under which it may be terminated
13. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction for disputes
14. General Provisions: Standard clauses including notices, amendments, and severability
1. Investment Powers: Detailed investment guidelines and restrictions when trust includes investment portfolio
2. Successor Trustees: Procedure for appointment of successor trustees when specific succession planning is required
3. Co-Trustee Provisions: Rules for co-trustee operation when multiple trustees are appointed
4. Trust Protector: Appointment and powers of trust protector if additional oversight is desired
5. Tax Provisions: Specific tax planning arrangements when trust has significant tax implications
6. Foreign Asset Provisions: Special provisions for handling foreign assets if trust includes international elements
7. Dispute Resolution: Detailed arbitration or mediation procedures if parties want alternative dispute resolution
8. Digital Asset Management: Provisions for handling digital assets if trust includes cryptocurrency or digital properties
1. Schedule A - Trust Property: Detailed inventory and description of all initial trust assets
2. Schedule B - Beneficiary Distribution Schedule: Specific details of distribution timing and conditions for each beneficiary
3. Schedule C - Trustee Compensation: Fee structure and payment terms for trustees
4. Schedule D - Investment Guidelines: Detailed investment policies and restrictions
5. Schedule E - Administrative Procedures: Specific procedures for trust administration and decision-making
6. Appendix 1 - Required Documents: List of documents required for trust formation and operation
7. Appendix 2 - Compliance Requirements: Summary of relevant BSP and regulatory compliance requirements
8. Appendix 3 - Contact Information: Contact details for all parties, advisors, and relevant institutions
Find the exact document you need
Legal Trust Agreement
A Philippine law-governed agreement establishing a trust relationship, detailing asset transfer, management obligations, and beneficiary rights.
Download
Life Insurance Trust Agreement
A Philippine-law governed agreement establishing a trust to hold and manage life insurance policies, defining trustee duties and beneficiary distributions under local insurance and trust regulations.
Download
Trust Agreement For Shares
A Philippine law-governed agreement establishing a trust arrangement for corporate shares, defining the relationship between settlor, trustee, and beneficiaries.
Download
Declaration Of Trust Property
A Philippine legal document establishing a trust arrangement where property is transferred to trustees for management on behalf of beneficiaries, governed by Philippine law.
Download
Nominee Declaration Of Trust
A Philippine law-governed declaration establishing a trust relationship where a nominee holds legal title to assets on behalf of a beneficial owner.
Download
Addendum To Trust Deed
A Philippine law-governed document that modifies an existing trust deed by amending specific provisions while maintaining the original trust structure.
Download
Real Property Trust Agreement
A Philippine law-governed agreement establishing a trust over real property, defining the relationship between settlor, trustee, and beneficiaries.
Download
Personal Property Trust Agreement
A Philippine law-governed agreement establishing a trust relationship for personal property management, defining trustee duties and beneficiary rights.
Download
Joint Trust Agreement
A Philippine law-governed agreement establishing a joint trust arrangement between multiple trustors, trustees, and beneficiaries, regulated by BSP and Civil Code provisions.
Download
Trust Merger Agreement
A Philippine law-governed agreement documenting the merger of two trust entities, including transfer of assets and regulatory compliance requirements.
Download
Deed Of Ratification Trust Deed
A Philippine legal document that formally ratifies and confirms an existing trust deed, ensuring its continued validity under Philippine law while potentially incorporating necessary updates.
Download
Trust Management Agreement
A Philippine-law governed agreement establishing a trust relationship between a trust company and client, detailing asset management terms under BSP regulations.
Download
Constructive Trust Agreement
A Philippine law-governed agreement establishing a constructive trust relationship between a trustee and beneficiary, defining property rights and obligations under Articles 1440-1456 of the Civil Code.
Download
Simple Trust Agreement
A Philippine law-governed agreement establishing a trust relationship between settlor, trustee, and beneficiaries for asset management and distribution.
Download
Revocable Declaration Of Trust
A Philippine law-governed trust document establishing a revocable trust relationship between settlor, trustee, and beneficiaries, detailing asset management and distribution terms.
Download
Indemnity Deed Of Trust
A Philippine law-governed trust instrument that combines trust arrangements with indemnification provisions, establishing asset protection and beneficiary rights under trustee management.
Download
Formal Trust Agreement
A legally binding agreement under Philippine law that establishes a trust relationship, detailing the transfer and management of assets from settlor to trustee for beneficiaries' benefit.
Download
Beneficial Trust Agreement
A Philippine law-governed agreement establishing a trust relationship between settlor, trustee, and beneficiaries for asset management and distribution.
Download
Construction Deed Of Trust
A Philippine law-governed trust instrument that establishes a three-party arrangement for managing construction projects and protecting stakeholder interests.
Download
Contractual Trust Agreement
A Philippine law-governed agreement establishing a trust relationship between settlor, trustee, and beneficiaries for asset management and wealth preservation.
Download
Vehicle Trust Agreement
A Philippine law-governed agreement establishing a trust arrangement for vehicle management and operation, defining trustee powers and beneficiary rights.
Download
Irrevocable Trust Agreement
A Philippine law-governed agreement establishing an irrevocable trust relationship between settlor, trustee, and beneficiaries for permanent asset transfer and management.
Download
Living Trust Agreement
A Philippine law-governed agreement establishing a living trust for asset management and distribution, defining trustee duties and beneficiary rights.
Download
Revocable Trust Agreement
A Philippine law-governed agreement establishing a modifiable trust relationship for asset management and distribution, with retained rights of revocation by the settlor.
Download
Land Trust Agreement
A Philippine law-governed agreement establishing a trust relationship for land property management, defining trustee duties and beneficiary rights.
Download
Family Trust Agreement
A Philippine law-governed agreement establishing a family trust arrangement for asset management and wealth transfer between generations.
Download
Trust Fund Agreement
A Philippine law-governed agreement establishing a trust relationship between settlor, trustee, and beneficiaries for the management of specified assets.
Download
Assignment Deed Of Trust
A Philippine law-governed document that formally transfers trustee responsibilities and trust assets from an existing trustee to a new trustee.
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)