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1. Parties: Identifies the settlor, trustees, and beneficiaries of the trust
2. Background: Explains the circumstances leading to the trust creation, including details of the personal injury claim
3. Definitions: Key terms used throughout the trust deed
4. Trust Declaration: Formal establishment of the trust and initial trust property
5. Trustee Powers: Detailed powers granted to trustees in managing trust assets
6. Distribution Provisions: Rules governing how and when trust assets can be distributed
7. Trust Administration: Rules for managing the trust, including investment powers and record-keeping requirements
1. Successor Trustee Provisions: Procedures for appointing replacement trustees when long-term trust administration is anticipated
2. Special Needs Provisions: Specific provisions to maintain benefit eligibility when beneficiary receives means-tested benefits
3. Tax Planning Provisions: Specific provisions for tax efficiency for larger settlements with significant tax implications
1. Schedule A - Initial Trust Property: Details of the settlement amount and any other initial assets
2. Schedule B - Trustee Compensation: Details of any fees or compensation for trustees
3. Schedule C - Investment Guidelines: Specific investment parameters and restrictions
4. Appendix A - Benefit Preservation Guidelines: Guidelines for maintaining benefit eligibility
Trust Property
Trust Fund
Settlor
Trustees
Beneficiary
Settlement Date
Trust Period
Effective Date
Distribution
Personal Injury Award
Means-Tested Benefits
Investment Powers
Trust Income
Trust Capital
Successor Trustee
Incapacity
Professional Advisor
Trust Expenses
Qualifying Benefits
Trust Administration
Trust Records
Permitted Investments
Trust Jurisdiction
Special Needs
Discretionary Powers
Trust Year
Accounting Period
Termination Event
Vesting Date
Trust Property
Trustee Powers
Trustee Duties
Beneficiary Rights
Distribution Powers
Investment Authority
Administration
Benefit Preservation
Successor Trustees
Trustee Compensation
Trust Duration
Amendment Powers
Revocation Powers
Accounting Requirements
Tax Provisions
Spendthrift Protection
Governing Law
Jurisdiction
Severability
Delegation Authority
Indemnification
Termination
Notice Requirements
Dispute Resolution
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