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Family Trust Deed

Family Trust Deed Template for Indonesia

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Key Requirements PROMPT example:

Family Trust Deed

"I need a Family Trust Deed to establish a trust for managing my family's real estate holdings in Jakarta and Bali, with provisions for my three adult children as primary beneficiaries and their children as secondary beneficiaries, including specific investment restrictions and an investment committee structure."

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Document background
The Family Trust Deed serves as a fundamental legal instrument for establishing and managing family wealth structures in Indonesia. This document is essential when families seek to create a formal arrangement for preserving, managing, and transferring assets across generations while maintaining control and ensuring proper governance. The deed must be carefully crafted to comply with Indonesian civil law requirements, as Indonesia doesn't follow common law trust principles. A Family Trust Deed typically includes comprehensive provisions for asset management, beneficiary rights, trustee powers, distribution rules, and succession planning. It's particularly relevant for high-net-worth families, business owners, and individuals seeking to establish structured wealth management arrangements that provide tax efficiency and asset protection while ensuring family wealth continues to benefit future generations.
Suggested Sections

1. Parties: Identifies the Settlor(s), Trustee(s), and Primary Beneficiaries of the trust

2. Background: Sets out the context and purpose for establishing the family trust

3. Definitions and Interpretation: Defines key terms used throughout the deed and establishes rules for interpretation

4. Declaration of Trust: Formal establishment of the trust and transfer of initial trust property

5. Trust Name and Period: Specifies the official name of the trust and its duration/termination date

6. Trust Property: Details the assets that form the initial and subsequent trust property

7. Beneficiaries: Comprehensive definition of beneficiary classes and their respective rights

8. Distribution of Income: Rules and procedures for distributing trust income to beneficiaries

9. Distribution of Capital: Rules and procedures for distributing trust capital to beneficiaries

10. Trustee Powers: Detailed powers granted to trustees in managing trust assets and making distributions

11. Trustee Duties and Responsibilities: Obligations and responsibilities of trustees in administering the trust

12. Appointment and Removal of Trustees: Procedures for appointing new trustees and removing existing ones

13. Trust Administration: General administrative provisions for running the trust

14. Amendment Provisions: Procedures for modifying trust terms and conditions

15. Termination Provisions: Circumstances and procedures for trust termination and final distribution

Optional Sections

1. Appointor Provisions: Used when appointing a specific person with power to appoint/remove trustees

2. Investment Committee: Include when establishing a formal committee to oversee trust investments

3. Foreign Asset Provisions: Required when trust holds or may hold assets outside Indonesia

4. Business Operation Provisions: Include when trust will be involved in operating family businesses

5. Guardian Provisions: Used when beneficiaries include minors requiring appointed guardians

6. Charitable Purposes: Include when trust includes charitable giving components

7. Dispute Resolution: Detailed dispute resolution procedures for complex family situations

8. Family Council: Establishes a family governance structure for large family trusts

Suggested Schedules

1. Schedule 1 - Initial Trust Property: Detailed inventory of assets initially settled into the trust

2. Schedule 2 - Beneficiary Details: Complete list of initial beneficiaries and their respective entitlements

3. Schedule 3 - Trustee Powers: Comprehensive list of specific powers granted to trustees

4. Schedule 4 - Investment Guidelines: Specific investment parameters and restrictions

5. Schedule 5 - Trustee Remuneration: Details of trustee compensation and expense reimbursement

6. Appendix A - Family Charter: Documents family values and long-term objectives for trust administration

7. Appendix B - Certification of Trust: Summary of key trust provisions for third parties

8. Appendix C - Asset Register Template: Standard format for maintaining ongoing trust asset records

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions





































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Relevant Industries

Legal Services

Financial Services

Wealth Management

Private Banking

Estate Planning

Family Office Services

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Real Estate

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Relevant Teams

Legal

Wealth Management

Private Banking

Estate Planning

Tax Advisory

Compliance

Investment Management

Trust Administration

Family Office

Client Relations

Relevant Roles

Private Wealth Manager

Trust Administrator

Estate Planning Lawyer

Family Office Manager

Financial Advisor

Tax Consultant

Investment Manager

Legal Counsel

Wealth Planning Specialist

Relationship Manager

Family Business Advisor

Trust Officer

Compliance Officer

Asset Manager

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