A Supplemental Deed of Trust is commonly used when modifications to an existing trust are required but a complete revocation is unnecessary or undesirable. It's particularly relevant when trustees need to add new powers, change administrative provisions, or adapt to new legislation or circumstances. The document must be executed as a deed under English and Welsh law and typically references the original trust deed while clearly stating the amendments or additions being made. This type of deed is essential for maintaining the flexibility of trust arrangements while ensuring compliance with trust law principles and statutory requirements.
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1. Parties: Identification of all parties to the supplemental deed including existing trustees and new trustees
2. Background: Details of the original trust deed and reason for supplemental deed
3. Definitions: Key terms used in the document including reference to original trust definitions
4. Operative Provisions: The specific amendments or additions being made to the original trust
5. Execution: Formal execution blocks for all parties
1. Additional Powers: New powers being granted to trustees - used when expanding trustee powers
2. Amendment Provisions: Specific changes to original trust provisions - used when modifying existing trust terms
3. Tax Provisions: Special tax-related clauses - used when tax implications need addressing
1. Schedule of Assets: List of trust assets affected by the supplemental deed
2. Schedule of Amendments: Detailed listing of specific amendments to original trust deed
3. Original Trust Deed: Copy of the original trust deed being supplemented
4. Trustee Resolutions: Any relevant trustee resolutions authorizing the changes
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