A Simple Declaration of Trust is a crucial legal instrument used in Ireland when one party (the settlor) wishes to place assets or property in the care of another party (the trustee) for the benefit of specified individuals or entities (the beneficiaries). This document is commonly used in property transactions, family arrangements, and asset protection scenarios. It must comply with Irish trust law, including the Land and Conveyancing Law Reform Act 2009 and the Trustee Act 1893. The document typically includes details of the trust property, trustee powers and duties, beneficiary rights, and trust administration terms. A Simple Declaration of Trust is particularly useful in situations where clear documentation of beneficial ownership and trust arrangements is required, such as property co-ownership, family wealth planning, or asset protection structures.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identifies and provides full details of the Settlor(s) and Trustee(s)
2. Background: Sets out the context of the trust creation and the intention to create a trust
3. Definitions: Defines key terms used throughout the document
4. Declaration of Trust: The formal declaration establishing the trust and specifying the trust property
5. Beneficiaries: Identifies the beneficiaries and their respective interests in the trust
6. Powers of Trustees: Details the powers granted to the trustees in managing the trust
7. Duties of Trustees: Specifies the obligations and responsibilities of the trustees
8. Trust Period: Defines the duration of the trust and any conditions for its termination
9. Governing Law: Confirms that the trust is governed by Irish law
10. Execution: Space for signatures, witness details, and execution formalities
1. Appointment and Removal of Trustees: Include when there may be a need to change trustees in the future
2. Distribution Provisions: Include when specific rules for distributing trust assets or income are needed
3. Investment Powers: Include when trustees need specific investment authority beyond statutory powers
4. Trustee Remuneration: Include when trustees are to be compensated for their services
5. Variation Clause: Include when flexibility to modify trust terms may be needed
6. Confidentiality Provisions: Include when privacy of trust arrangements is particularly important
7. Tax Provisions: Include when specific tax planning arrangements need to be documented
1. Schedule 1 - Trust Property: Detailed description and/or inventory of the assets placed in trust
2. Schedule 2 - Beneficiaries: Full details of beneficiaries and their respective entitlements or shares
3. Schedule 3 - Special Conditions: Any specific conditions or restrictions relating to the trust
4. Appendix A - Trustee Powers: Comprehensive list of specific powers granted to trustees beyond statutory powers
5. Appendix B - Administrative Provisions: Detailed administrative procedures for managing the trust
Find the exact document you need
Subordination Deed Of Trust
An Irish law governed trust deed that establishes priority between different classes of debt and creates a trust structure to manage subordination arrangements.
Download
Trust Agreement For Shares
An Irish law-governed agreement establishing a trust structure for holding and managing shares, defining trustee powers and beneficiary rights.
Download
Declaration Of Trust Deed
An Irish law document creating a trust relationship where trustees hold and manage assets for beneficiaries, establishing the trust's terms and parties' rights and obligations.
Download
Nominee Declaration Of Trust
An Irish law-governed document establishing a trust arrangement where a nominee holds legal title to assets on behalf of a beneficial owner.
Download
Joint Tenancy Trust Agreement
An Irish law agreement establishing and governing the co-ownership of property held in trust, detailing rights and obligations of trustees and beneficiaries.
Download
Simple Declaration Of Trust
An Irish law document establishing a trust arrangement, detailing trustees' powers and beneficiaries' rights regarding specified assets or property.
Download
Nominee Trust Agreement
An Irish law agreement establishing a nominee trust arrangement where a trustee holds and manages assets on behalf of a beneficial owner, subject to Irish trust law and regulations.
Download
Indemnity Deed Of Trust
An Irish law governed trust deed that establishes a trust structure with built-in indemnity provisions to protect specified parties against potential liabilities.
Download
Trust Operating Agreement
An Irish law-governed agreement establishing the operational framework and administrative procedures for managing a trust, including trustee powers, duties, and governance structure.
Download
Contractual Trust Agreement
An Irish law-governed agreement establishing and regulating a trust arrangement, defining asset management and distribution terms between settlors, trustees, and beneficiaries.
Download
Deed Of Trust Agreement
An Irish law-governed agreement establishing a trust relationship for asset management and transfer, defining trustee powers and beneficiary rights.
Download
Revocable Trust Agreement
An Irish law-governed agreement establishing a revocable trust structure for asset management and distribution, with retained settlor control.
Download
Irrevocable Agreement
An Irish law-governed Irrevocable Agreement establishing permanent, legally binding commitments between parties with robust enforcement mechanisms.
Download
Family Trust Agreement
An Irish law-governed agreement establishing a family trust structure for asset management and wealth succession, defining trustee powers and beneficiary rights.
Download
Trust Fund Agreement
An Irish law-governed agreement establishing a trust fund, setting out terms for asset management and distribution by trustees for beneficiaries.
Download
Assignment Deed Of Trust
An Irish law deed that transfers trustee responsibilities and trust assets from an existing trustee to a new trustee, ensuring legal compliance and continuity of trust administration.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)