tiktok³ÉÈË°æ

All Countries
Real Estate
Second Trust Deed

Second Trust Deed Template for Malaysia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Second Trust Deed

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Second Trust Deed

"I need a Second Trust Deed to modify my existing family trust to include newly acquired properties in Kuala Lumpur and add my grandchildren as beneficiaries, with the changes to take effect from March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Second Trust Deed is a crucial legal instrument utilized in Malaysian trust law when modifications or additions to an existing trust arrangement become necessary. This document type is typically employed when settlors need to incorporate new assets, update beneficiary provisions, revise trustee powers, or make other substantial changes to the original trust structure. The Second Trust Deed must comply with Malaysian legislation, particularly the Trustees Act 1949 and related statutes, and requires careful drafting to ensure consistency with the first trust deed while effectively implementing the desired changes. It's commonly used in estate planning, family wealth management, and business succession planning, requiring detailed documentation of the trust property, beneficiary rights, and trustee obligations.
Suggested Sections

1. Parties: Identification of the Settlor, Trustees, and Beneficiaries

2. Background: Recitals explaining the existence of the first trust deed and the reason for creating this second trust deed

3. Definitions: Definitions of key terms used throughout the deed

4. Declaration of Trust: Formal declaration creating the trust and specifying the trust property

5. Powers and Duties of Trustees: Detailed outline of trustees' authority and responsibilities

6. Trust Period: Duration of the trust and conditions for termination

7. Distribution of Income and Capital: Rules governing how trust income and capital are to be distributed

8. Administrative Provisions: Procedures for trust administration and decision-making

9. Appointment and Removal of Trustees: Process for changing trustees

10. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction clauses

Optional Sections

1. Investment Powers: Specific investment authorities granted to trustees, included when trust involves investment activities

2. Variation of Trust: Mechanisms for modifying trust terms, included when flexibility is required

3. Protector Provisions: Included when a trust protector is appointed to oversee trustees

4. Charitable Provisions: Included when part of the trust is for charitable purposes

5. Foreign Element Provisions: Included when trust has international aspects or foreign beneficiaries

6. Tax Provisions: Specific tax planning clauses, included when tax efficiency is a key consideration

Suggested Schedules

1. Schedule 1 - Trust Property: Detailed description of all assets held in the trust

2. Schedule 2 - First Trust Deed Details: Summary of relevant details from the first trust deed

3. Schedule 3 - Beneficiaries: Full list of beneficiaries and their respective interests

4. Schedule 4 - Trustees' Powers: Comprehensive list of specific powers granted to trustees

5. Schedule 5 - Administrative Provisions: Detailed administrative procedures and requirements

6. Appendix A - Consent Forms: Required consent forms from relevant parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 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






























Clauses

























Relevant Industries

Financial Services

Real Estate

Banking

Wealth Management

Family Business

Private Equity

Legal Services

Estate Planning

Asset Management

Insurance

Relevant Teams

Legal

Wealth Management

Trust Administration

Compliance

Risk Management

Estate Planning

Tax Advisory

Corporate Services

Private Client Services

Asset Management

Relevant Roles

Trust Officer

Estate Planning Attorney

Wealth Manager

Financial Advisor

Trust Administrator

Legal Counsel

Corporate Trustee

Compliance Officer

Tax Consultant

Property Manager

Risk Manager

Family Office Manager

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Pension Scheme Trust Deed

A Malaysian law-governed trust deed establishing and regulating an occupational pension scheme, setting out rules for scheme operation and benefit management.

find out more

House Trust Deed

A Malaysian legal document establishing a trust over residential property, defining trustee duties and beneficiary rights under Malaysian law.

find out more

Bare Trust Deed

A Malaysian law-governed trust deed establishing a bare trust arrangement where trustees hold legal title but act solely on beneficiary instructions.

find out more

Simple Declaration Of Trust Property

A Malaysian legal document declaring property held in trust by trustees for beneficiaries under Malaysian trust law.

find out more

Declaration Of Trust After Purchase

A Malaysian legal document declaring that property purchased in one person's name is held on trust for others' benefit, governed by Malaysian trust law.

find out more

Property Trust Deed

A Malaysian legal document establishing a trust relationship for property management, governed by Malaysian trust and property laws.

find out more

Deed Of Trust Note

A Malaysian legal document establishing a trust arrangement that details trust property, trustee powers, and beneficiary rights under Malaysian law.

find out more

Declaration Of Bare Trust

A Malaysian legal document establishing a bare trust arrangement where a trustee holds legal title to property while the beneficiary maintains complete control, governed by Malaysian trust law.

find out more

Simple Deed Of Trust

A Malaysian legal document establishing a trust arrangement between settlor, trustees, and beneficiaries under Malaysian trust law.

find out more

Master Deed Of Trust

A comprehensive legal document under Malaysian law that establishes and governs trust arrangements, detailing asset transfer, management, and distribution terms.

find out more

Supplemental Deed

A Malaysian law-governed document used to modify or supplement an existing deed arrangement, maintaining the original deed's validity while incorporating agreed changes.

find out more

Business Trust Deed

A Malaysian law-governed deed establishing a business trust structure, defining roles, responsibilities, and operational framework for trustees, managers, and unitholders.

find out more

Living Trust Deed

A Malaysian legal document establishing a living trust that transfers assets from settlor to trustees for beneficiary management, governed by Malaysian trust law.

find out more

Flexible Trust Deed

A Malaysian law-governed trust deed establishing a flexible trust structure for effective asset management and distribution, with adaptable provisions for changing circumstances.

find out more

Testamentary Trust Deed

A Malaysian legal document creating a trust through a will, governed by Malaysian trust and inheritance laws, establishing framework for asset management and distribution after death.

find out more

Note And Deed Of Trust

A Malaysian law-governed document establishing debt securities issuance terms and trust arrangements for noteholder protection.

find out more

Revocable Deed Of Trust

A Malaysian law-governed trust deed establishing a revocable trust arrangement for asset management and distribution, with retained settlor control.

find out more

Second Trust Deed

A Malaysian legal instrument that modifies or supplements an existing trust arrangement, governed by Malaysian trust law and the Trustees Act 1949.

find out more

Master Trust Deed

A foundational legal document under Malaysian law that establishes and governs trust arrangements, setting out the rights and obligations of trustees, managers, and beneficiaries.

find out more

Security Trust Deed

A Malaysian law-governed deed establishing a trust arrangement for holding and managing security interests on behalf of beneficiaries in secured financing transactions.

find out more

Family Trust Deed

A Malaysian law-governed deed establishing a family trust arrangement, defining asset management, trustee duties, and beneficiary rights under the Trustees Act 1949.

find out more

Deed Of Debt

A Malaysian law-governed formal deed that creates and evidences a binding debt obligation between parties, including terms of repayment and security arrangements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s 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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.