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Notarial Deed Of Trust
"I need a Notarial Deed of Trust to establish a family business succession trust in the UAE, transferring ownership of my technology company to trustees who will manage it for the benefit of my three children, with specific provisions for profit distribution and professional management until the youngest child turns 25 in March 2025."
1. Parties: Identification of the Settlor, Trustee(s), Beneficiaries, and Protector (if any)
2. Background: Recitals explaining the context and intention to create the trust
3. Definitions: Comprehensive definitions of terms used throughout the deed
4. Declaration of Trust: Formal declaration establishing the trust and transferring assets
5. Trust Purpose: Clear statement of the trust's purpose and objectives
6. Trust Period: Duration of the trust and termination conditions
7. Trustee Powers: Enumeration of trustees' powers and authorities
8. Trustee Duties: Detailed obligations and responsibilities of trustees
9. Beneficiary Rights: Rights, interests, and entitlements of beneficiaries
10. Distribution Provisions: Rules and procedures for distributing trust assets and income
11. Administrative Provisions: Procedures for trust administration and management
12. Appointment and Removal: Procedures for appointing and removing trustees
13. Governing Law: Specification of UAE law as governing law and jurisdiction
14. Execution: Formal execution clause meeting UAE notarial requirements
1. Protector Provisions: Include when a trust protector is appointed to oversee trustee actions
2. Sharia Compliance: Include when the trust needs to explicitly comply with Islamic law principles
3. Investment Provisions: Include when specific investment powers and restrictions are needed
4. Foreign Asset Provisions: Include when trust includes assets located outside the UAE
5. Perpetuity Provisions: Include when trust may extend beyond standard perpetuity periods
6. Variation Powers: Include when flexibility to modify trust terms is desired
7. Tax Provisions: Include when international tax considerations are relevant
8. Arbitration Clause: Include when alternative dispute resolution is preferred
1. Schedule 1 - Trust Assets: Detailed inventory of initial trust assets and properties
2. Schedule 2 - Trustee Powers: Comprehensive list of specific powers granted to trustees
3. Schedule 3 - Beneficiary Details: Full details of beneficiaries and their respective interests
4. Schedule 4 - Administrative Provisions: Detailed procedures for trust administration
5. Schedule 5 - Investment Guidelines: Specific investment parameters and restrictions
6. Appendix A - Asset Transfer Documents: Copies of documents transferring assets to the trust
7. Appendix B - Settlor's Letter of Wishes: Non-binding guidance from settlor regarding trust administration
8. Appendix C - Compliance Certificates: Relevant regulatory and compliance certifications
Authors
Private Wealth Management
Banking and Financial Services
Real Estate
Family Business
Professional Services
Legal Services
Islamic Finance
Asset Management
Estate Planning
Private Banking
Legal
Wealth Management
Trust Administration
Compliance
Risk Management
Private Banking
Corporate Advisory
Estate Planning
Investment Management
Client Services
Wealth Manager
Trust Officer
Legal Counsel
Private Banker
Estate Planner
Financial Advisor
Compliance Officer
Risk Manager
Family Office Manager
Asset Manager
Trust Administrator
Investment Manager
Corporate Lawyer
Succession Planning Advisor
Notary Public
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