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download pdfDownload PDF: Sample Asset Protection Trust

download pdfDownload PDF: Sample Asset Protection Trust; for Complete or International Members only

Non Kinetic Trust - PDF Table of Contents

  1. Interpretationpage 4
  2. Governing law and power to change it page 5
  3. Power to add and remove Beneficiaries;Settlors’ testamentary powers; page 6
  4. Power to add Excluded Person page 6
  5. Power to change the Vesting Day page 7
  6. Trust for sale page 7
  7. Power to receive additions to the Trust Fund page 7
  8. Discretionary power of appointment page 7
  9. Power to apply capital page 8
  10. Applications and accumulation of incomepage 8
  11. Trusts on Vesting Day page 8
  12. Events of duress page 9
  13. Payment to minors page 9
  14. Trustees’ powers of investment page 10
  15. Trustees’ general powers page 10
  16. Trustees’ powers in relation to land and buildings page 16
  17. Apportionment of income page 16
  18. Trustees’ dealings with third parties page 16
  19. Trustees’ charges page 16
  20. Trustees interested in companies page 17
  21. Trustees’ indemnity page 17
  22. Trustees’ involvement in managing subsidiary companies page 17
  23. Trustees not required to give security page 18
  24. Trustees’ discretion uncontrolled page 18
  25. Power to release and to add powers page 18
  26. How Corporate Trustees may act page 19
  27. Delegation by Trustees page 19
  28. Appointment, retirement and removal of Trustees page 19
  29. Protector’s powers page 20
  30. No benefit for Excluded Persons page 21
  31. Settlement irrevocable page 21
Posted in Typical provisions in asset protection trusts explained.