Amended And Restated Trust Agreement

Amended And Restated Trust Agreement Template for Singapore

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Key Requirements PROMPT example:

"I need an Amended and Restated Trust Agreement to update our family trust established in 2015, adding two new beneficiaries and expanding the trustee's investment powers to include cryptocurrency investments, while maintaining Singapore law as governing law."

Document background

The Amended And Restated Trust Agreement is utilized when substantial modifications to an existing trust arrangement necessitate a comprehensive restatement of terms. This document is particularly relevant in Singapore's sophisticated financial services sector, where trusts are frequently used for wealth management, succession planning, and asset protection. It consolidates all previous amendments, updates terms to reflect current circumstances or regulatory requirements, and ensures compliance with Singapore trust laws. The agreement typically includes detailed provisions on trust administration, investment powers, beneficiary rights, and trustee duties, while maintaining the original trust's fundamental purpose and tax efficiency.

Suggested Sections

1. Parties: Identification of trustee(s), settlor, and beneficiaries

2. Background: Context of original trust and reasons for amendment/restatement

3. Definitions: Key terms used throughout the agreement

4. Trust Property: Description of assets held in trust

5. Trustee Powers and Duties: Detailed powers and responsibilities of trustees

6. Distribution Provisions: Rules governing distribution of trust assets

7. Amendment and Termination: Procedures for future modifications and trust termination

Optional Sections

1. Investment Powers: Specific investment authorities for trustees - used for trusts with significant investment activities

2. Protector Provisions: Role and powers of trust protector - included when trust includes a protector role

3. Foreign Element Provisions: Handling of international assets or beneficiaries - for trusts with international components

Suggested Schedules

1. Schedule of Trust Assets: Detailed listing of all trust property

2. Schedule of Beneficiaries: Complete list of beneficiaries and their entitlements

3. Original Trust Deed: Copy of the original trust agreement being amended

4. Investment Policy Statement: Guidelines for investment of trust assets

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 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
Family Offices
Real Estate
Private Banking

Relevant Teams

Legal
Wealth Management
Compliance
Private Banking
Risk Management

Relevant Roles

Trust Officer
Wealth Manager
Private Client Lawyer
Estate Planning Advisor
Compliance Officer

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Let's create your Amended And Restated Trust Agreement

Authors

Alex Denne

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