The Revocable Trust Agreement is a vital estate planning tool in the Philippines, used when individuals wish to create a flexible arrangement for managing and distributing their assets while retaining control during their lifetime. This document is particularly valuable for high-net-worth individuals, family business owners, and those seeking efficient asset management solutions. It must comply with Philippine Civil Code provisions regarding trusts and property laws, incorporating specific requirements for trust creation, administration, and modification. The agreement is commonly used to avoid probate, maintain privacy, and provide structured asset management while offering the flexibility to adapt to changing circumstances through its revocable nature. It includes detailed provisions for trustee powers, beneficiary rights, distribution schedules, and succession planning, all within the framework of Philippine law.
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 the Settlor (trust creator), Trustee(s), and Beneficiaries with their complete details
2. Background: Explains the context and purpose for creating the trust
3. Definitions: Defines key terms used throughout the agreement
4. Trust Creation: Formally establishes the trust and specifies the initial trust property
5. Trust Purpose: States the specific objectives and intentions of the trust
6. Powers of Trustee: Outlines the authority and powers granted to the trustee in managing trust assets
7. Duties of Trustee: Details the responsibilities and obligations of the trustee
8. Rights of Beneficiaries: Specifies the entitlements and rights of trust beneficiaries
9. Distribution Provisions: Details how and when trust assets will be distributed to beneficiaries
10. Revocation and Amendment: Specifies the settlor's right to modify or revoke the trust
11. Successor Trustees: Provides for appointment of replacement trustees if needed
12. Trust Administration: Sets forth general administrative procedures and requirements
13. Governing Law: Specifies Philippine law as governing law and relevant jurisdictional provisions
14. Execution: Formal signing requirements and execution provisions
1. Spendthrift Provision: Protects beneficiaries' interests from creditors - used when asset protection is a concern
2. Investment Guidelines: Specific investment parameters for trust assets - used for larger trusts with significant investment components
3. Tax Provisions: Detailed tax planning provisions - used for larger trusts or when tax optimization is a primary concern
4. Special Needs Provisions: Specific provisions for beneficiaries with special needs or disabilities
5. Family Business Provisions: Special provisions for handling family business interests within the trust
6. Digital Assets: Provisions for handling digital assets and online accounts - used when digital assets are significant
7. Charitable Giving: Provisions for charitable donations - used when charitable giving is part of trust purpose
8. Conflict Resolution: Detailed dispute resolution procedures - used for larger or more complex trusts
1. Schedule A - Trust Property: Detailed inventory of initial trust assets and properties
2. Schedule B - Beneficiary Information: Detailed information about beneficiaries and their respective interests
3. Schedule C - Distribution Schedule: Specific timeline and conditions for trust distributions
4. Schedule D - Trustee Compensation: Details of trustee fees and compensation structure
5. Appendix 1 - Investment Guidelines: Detailed investment policies and guidelines for trust assets
6. Appendix 2 - Tax Planning Memorandum: Detailed tax considerations and planning strategies
7. Appendix 3 - Administrative Procedures: Detailed procedures for trust administration and record-keeping
Find the exact document you need
Legal Trust Agreement
A Philippine law-governed agreement establishing a trust relationship, detailing asset transfer, management obligations, and beneficiary rights.
Download
Life Insurance Trust Agreement
A Philippine-law governed agreement establishing a trust to hold and manage life insurance policies, defining trustee duties and beneficiary distributions under local insurance and trust regulations.
Download
Trust Agreement For Shares
A Philippine law-governed agreement establishing a trust arrangement for corporate shares, defining the relationship between settlor, trustee, and beneficiaries.
Download
Declaration Of Trust Property
A Philippine legal document establishing a trust arrangement where property is transferred to trustees for management on behalf of beneficiaries, governed by Philippine law.
Download
Nominee Declaration Of Trust
A Philippine law-governed declaration establishing a trust relationship where a nominee holds legal title to assets on behalf of a beneficial owner.
Download
Addendum To Trust Deed
A Philippine law-governed document that modifies an existing trust deed by amending specific provisions while maintaining the original trust structure.
Download
Real Property Trust Agreement
A Philippine law-governed agreement establishing a trust over real property, defining the relationship between settlor, trustee, and beneficiaries.
Download
Personal Property Trust Agreement
A Philippine law-governed agreement establishing a trust relationship for personal property management, defining trustee duties and beneficiary rights.
Download
Joint Trust Agreement
A Philippine law-governed agreement establishing a joint trust arrangement between multiple trustors, trustees, and beneficiaries, regulated by BSP and Civil Code provisions.
Download
Trust Merger Agreement
A Philippine law-governed agreement documenting the merger of two trust entities, including transfer of assets and regulatory compliance requirements.
Download
Deed Of Ratification Trust Deed
A Philippine legal document that formally ratifies and confirms an existing trust deed, ensuring its continued validity under Philippine law while potentially incorporating necessary updates.
Download
Trust Management Agreement
A Philippine-law governed agreement establishing a trust relationship between a trust company and client, detailing asset management terms under BSP regulations.
Download
Constructive Trust Agreement
A Philippine law-governed agreement establishing a constructive trust relationship between a trustee and beneficiary, defining property rights and obligations under Articles 1440-1456 of the Civil Code.
Download
Simple Trust Agreement
A Philippine law-governed agreement establishing a trust relationship between settlor, trustee, and beneficiaries for asset management and distribution.
Download
Revocable Declaration Of Trust
A Philippine law-governed trust document establishing a revocable trust relationship between settlor, trustee, and beneficiaries, detailing asset management and distribution terms.
Download
Indemnity Deed Of Trust
A Philippine law-governed trust instrument that combines trust arrangements with indemnification provisions, establishing asset protection and beneficiary rights under trustee management.
Download
Formal Trust Agreement
A legally binding agreement under Philippine law that establishes a trust relationship, detailing the transfer and management of assets from settlor to trustee for beneficiaries' benefit.
Download
Beneficial Trust Agreement
A Philippine law-governed agreement establishing a trust relationship between settlor, trustee, and beneficiaries for asset management and distribution.
Download
Construction Deed Of Trust
A Philippine law-governed trust instrument that establishes a three-party arrangement for managing construction projects and protecting stakeholder interests.
Download
Contractual Trust Agreement
A Philippine law-governed agreement establishing a trust relationship between settlor, trustee, and beneficiaries for asset management and wealth preservation.
Download
Vehicle Trust Agreement
A Philippine law-governed agreement establishing a trust arrangement for vehicle management and operation, defining trustee powers and beneficiary rights.
Download
Irrevocable Trust Agreement
A Philippine law-governed agreement establishing an irrevocable trust relationship between settlor, trustee, and beneficiaries for permanent asset transfer and management.
Download
Living Trust Agreement
A Philippine law-governed agreement establishing a living trust for asset management and distribution, defining trustee duties and beneficiary rights.
Download
Revocable Trust Agreement
A Philippine law-governed agreement establishing a modifiable trust relationship for asset management and distribution, with retained rights of revocation by the settlor.
Download
Land Trust Agreement
A Philippine law-governed agreement establishing a trust relationship for land property management, defining trustee duties and beneficiary rights.
Download
Family Trust Agreement
A Philippine law-governed agreement establishing a family trust arrangement for asset management and wealth transfer between generations.
Download
Trust Fund Agreement
A Philippine law-governed agreement establishing a trust relationship between settlor, trustee, and beneficiaries for the management of specified assets.
Download
Assignment Deed Of Trust
A Philippine law-governed document that formally transfers trustee responsibilities and trust assets from an existing trustee to a new trustee.
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)