The Affidavit of Trust is a crucial document in Singapore's trust law framework, used to formally establish and provide evidence of trust arrangements. This document is particularly important when dealing with financial institutions, property transactions, or legal proceedings where proof of trust existence is required. The affidavit must comply with Singapore's Trustees Act and be sworn before a Commissioner for Oaths. It typically includes comprehensive information about the trust's assets, beneficiaries, trustee powers, and administrative provisions. An Affidavit of Trust is commonly used in estate planning, asset protection, and wealth management scenarios.
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1. Introduction and Personal Details: Affiant's personal information and capacity as trustee or settlor
2. Trust Declaration: Formal declaration of the trust's existence and affiant's role
3. Trust Details: Description of trust property, beneficiaries, and terms
4. Trustee Powers and Duties: Enumeration of trustee responsibilities and authority
5. Verification Statement: Sworn statement of truth and accuracy of the affidavit contents
1. Successor Trustees: Provisions for designating backup trustees and succession planning
2. Trust Amendment Provisions: Procedures and conditions for modifying trust terms (for revocable trusts)
3. Special Needs Provisions: Special arrangements and protections for disabled beneficiaries
4. Distribution Schedule: Specific timing and conditions for trust property distributions
1. Schedule A - Trust Assets: Detailed inventory of trust property and assets
2. Schedule B - Beneficiary Details: Complete information about trust beneficiaries
3. Appendix 1 - Supporting Documents: Copies of relevant certificates, titles, and supporting documentation
4. Appendix 2 - Trust Income Records: Financial statements and income distribution records
Relevant legal definitions
Trust Property
Trust Assets
Trustee
Successor Trustee
Settlor
Grantor
Beneficiary
Primary Beneficiary
Contingent Beneficiary
Trust Income
Trust Principal
Distribution
Trust Administration
Trust Powers
Fiduciary Duty
Trust Deed
Trust Instrument
Trust Period
Vesting Date
Commissioner for Oaths
Affiant
Trust Corpus
Trust Estate
Trust Account
Trust Distribution
Revocation
Amendment
Governing Law
Jurisdiction
Trust Certificate
Trust Assets
Trustee
Successor Trustee
Settlor
Grantor
Beneficiary
Primary Beneficiary
Contingent Beneficiary
Trust Income
Trust Principal
Distribution
Trust Administration
Trust Powers
Fiduciary Duty
Trust Deed
Trust Instrument
Trust Period
Vesting Date
Commissioner for Oaths
Affiant
Trust Corpus
Trust Estate
Trust Account
Trust Distribution
Revocation
Amendment
Governing Law
Jurisdiction
Trust Certificate
Clauses
Declaration and Purpose
Trust Property Description
Trustee Appointment
Trustee Powers
Trustee Duties
Trustee Compensation
Beneficiary Rights
Distribution Terms
Trust Duration
Successor Trustees
Trust Revocation
Trust Amendment
Governing Law
Severability
Fiduciary Obligations
Trust Administration
Asset Management
Investment Powers
Accounting Requirements
Tax Provisions
Dispute Resolution
Incapacity Provisions
Spendthrift Provisions
Trust Termination
Verification Statement
Attestation
Trust Property Description
Trustee Appointment
Trustee Powers
Trustee Duties
Trustee Compensation
Beneficiary Rights
Distribution Terms
Trust Duration
Successor Trustees
Trust Revocation
Trust Amendment
Governing Law
Severability
Fiduciary Obligations
Trust Administration
Asset Management
Investment Powers
Accounting Requirements
Tax Provisions
Dispute Resolution
Incapacity Provisions
Spendthrift Provisions
Trust Termination
Verification Statement
Attestation
Relevant Industries
Relevant Teams
Relevant Roles
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