tiktok³ÉÈË°æ

All Countries
Legal Services
Trust Fund Agreement

Trust Fund Agreement Template for Canada

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

4.6 / 5
4.8 / 5

Let's create your Trust Fund Agreement

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:

Trust Fund Agreement

"I need a Trust Fund Agreement under Canadian law to establish an educational trust for my three grandchildren, with staggered distributions starting January 2025 when each beneficiary reaches age 18, and specific provisions for covering university expenses."

Celebrated by
Collaborations with
Investors
Document background
The Trust Fund Agreement serves as the foundational document for establishing and operating a trust under Canadian law. It is essential for situations where assets need to be managed by trustees for the benefit of specific beneficiaries, whether in personal wealth management, charitable giving, or corporate contexts. The agreement details crucial elements including trust property administration, investment policies, distribution mechanisms, and compliance requirements with federal and provincial regulations. This document is particularly vital for ensuring proper governance and accountability in trust management, incorporating specific provisions for Canadian tax compliance and reporting obligations. The Trust Fund Agreement can be customized for various purposes, from family wealth preservation to charitable foundations, while maintaining adherence to Canadian trust law principles and fiduciary responsibilities.
Suggested Sections

1. Parties: Identifies all parties to the agreement including the settlor, trustee(s), and beneficiaries

2. Background: Explains the context and purpose for establishing the trust fund

3. Definitions: Defines key terms used throughout the agreement

4. Declaration of Trust: Formal establishment of the trust and transfer of initial assets

5. Trust Purpose: Clearly states the objectives and purposes of the trust fund

6. Powers and Duties of Trustees: Comprehensive outline of trustees' authorities and responsibilities

7. Investment Powers: Specifies permitted investment activities and any restrictions

8. Distribution Rules: Details how and when trust funds can be distributed to beneficiaries

9. Trust Administration: Procedures for day-to-day management of the trust

10. Accounting and Reporting: Requirements for financial records, audits, and reporting to beneficiaries

11. Trustee Compensation: Details of trustee fees and expense reimbursement

12. Amendment and Termination: Procedures for modifying or ending the trust

13. Governing Law: Specifies applicable Canadian laws and jurisdiction

14. General Provisions: Standard clauses including severability, notices, and entire agreement

Optional Sections

1. Successor Trustees: Process for appointing replacement trustees - include when multiple trustees are involved or long-term trust is planned

2. Trust Protector: Appointment and powers of a trust protector - include for large or complex trusts requiring additional oversight

3. Tax Provisions: Specific tax planning structures - include when tax optimization is a key objective

4. Spendthrift Provisions: Protections against beneficiary creditors - include when asset protection is needed

5. Charitable Purposes: Specific provisions for charitable giving - include for charitable trusts

6. Investment Advisory Committee: Structure and role of investment advisors - include for large trust funds

7. Conflict Resolution: Detailed dispute resolution procedures - include for complex family trusts or when conflicts are anticipated

8. Privacy and Confidentiality: Enhanced privacy provisions - include for high-net-worth or public figure settlors

Suggested Schedules

1. Schedule A - Initial Trust Property: Detailed inventory of assets initially transferred to the trust

2. Schedule B - Beneficiary Information: Complete details of beneficiaries and their respective interests

3. Schedule C - Investment Policy Statement: Detailed investment guidelines and restrictions

4. Schedule D - Distribution Schedule: Specific timing and conditions for distributions

5. Schedule E - Trustee Compensation Schedule: Detailed fee structure and payment terms

6. Appendix 1 - Tax Elections: Specific tax elections and designations

7. Appendix 2 - Administrative Procedures: Detailed operational procedures for trust administration

8. Appendix 3 - Reporting Templates: Standard formats for required financial and administrative reports

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

Banking

Wealth Management

Estate Planning

Charitable Organizations

Education

Healthcare

Real Estate

Family Office Services

Professional Services

Investment Management

Insurance

Relevant Teams

Legal

Wealth Management

Trust Administration

Compliance

Tax Advisory

Investment Management

Risk Management

Client Services

Operations

Financial Planning

Relevant Roles

Trust Officer

Wealth Manager

Estate Planning Attorney

Tax Advisor

Financial Planner

Investment Manager

Compliance Officer

Trust Administrator

Private Client Advisor

Portfolio Manager

Risk Manager

Philanthropic Advisor

Family Office Manager

Trust Operations 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

Legal Trust Agreement

A Canadian Legal Trust Agreement establishing and governing a trust's operation, detailing asset transfer, management, and distribution under federal and provincial laws.

find out more

Life Insurance Trust Agreement

A Canadian legal document establishing a trust to manage life insurance policy proceeds, governed by provincial trust and insurance laws.

find out more

Standby Trust Agreement

A Canadian law-governed trust agreement that establishes a dormant trust arrangement activated upon specific trigger events, typically used for regulatory compliance or financial security purposes.

find out more

Nonjudicial Settlement Agreement

A Canadian legal document enabling trust modifications and dispute resolution without court intervention, governed by federal and provincial trust laws.

find out more

Trust Agreement For Shares

A Canadian legal document establishing a trust for holding and managing shares, governed by federal and provincial trust and securities laws.

find out more

Bare Trust And Agency Agreement

A Canadian legal document establishing a bare trust arrangement and agency relationship for asset management, governed by federal and provincial trust laws.

find out more

Lifetime Occupancy Agreement

A Canadian legal agreement establishing permanent occupancy rights for an individual's lifetime in a specified property, governed by provincial law.

find out more

Nominee Declaration Of Trust

A Canadian legal document establishing a nominee trust arrangement where assets are held by a trustee for the benefit of the true owner, subject to Canadian federal and provincial regulations.

find out more

Personal Property Trust Agreement

A Canadian legal document establishing a trust for personal property management, defining trustee powers and beneficiary rights under federal and provincial laws.

find out more

Joint Trust Agreement

A Canadian-law governed agreement establishing a trust managed by multiple trustees, defining asset management, trustee duties, and beneficiary rights.

find out more

Trust Merger Agreement

A Canadian legal agreement governing the merger of two or more trusts into a single entity, outlining terms, conditions, and regulatory compliance requirements under federal and provincial law.

find out more

Trustee Fee Agreement

A Canadian-law governed agreement establishing trustee compensation terms, fee structures, and payment arrangements between a trustee and trust entity.

find out more

Trust Management Agreement

A Canadian legal agreement establishing the framework for professional management of trust assets, defining trustee powers, duties, and responsibilities under Canadian law.

find out more

Reinsurance Trust Agreement

A Canadian-law governed agreement establishing a trust arrangement between a reinsurer, ceding insurer, and trustee to secure reinsurance obligations through managed trust assets.

find out more

Release And Trust Agreement

A Canadian legal document that establishes a trust arrangement while incorporating the release of specified claims or rights, governed by federal and provincial trust legislation.

find out more

Joint Tenancy Trust Agreement

A Canadian legal agreement establishing a trust arrangement for property held in joint tenancy, defining rights, obligations, and management requirements under Canadian federal and provincial law.

find out more

Constructive Trust Agreement

A Canadian legal document establishing the terms of a constructive trust relationship arising from unjust enrichment or wrongful conduct, outlining rights and obligations of trustees and beneficiaries.

find out more

Simple Trust Agreement

A Canadian legal document establishing a trust relationship between settlor, trustees, and beneficiaries, governing asset transfer and management under federal and provincial laws.

find out more

Revocable Declaration Of Trust

A Canadian law-governed trust document that establishes a revocable trust arrangement, allowing the settlor to maintain control while providing structured asset management and distribution mechanisms.

find out more

Nominee Trust Agreement

A Canadian legal agreement establishing a nominee trust arrangement where a trustee holds legal title to assets while beneficial owners retain economic rights and control.

find out more

Liquidating Trust Agreement

A Canadian law-governed agreement establishing a trust structure for managing and distributing assets during corporate liquidation or dissolution.

find out more

Formal Trust Agreement

A Canadian legal document establishing a trust relationship between settlor, trustees, and beneficiaries, governed by federal and provincial trust laws.

find out more

Trust Operating Agreement

A Canadian legal document establishing the operational framework and governance structure for managing and administering a trust, compliant with federal and provincial requirements.

find out more

Commission Trust Agreement

A Canadian legal document establishing a trust arrangement for managing and distributing commission-based compensation in compliance with federal and provincial laws.

find out more

Beneficial Trust Agreement

A Canadian-law governed agreement establishing a trust relationship between settlor, trustees, and beneficiaries, detailing trust property management and distribution terms.

find out more

Bank Trust Account Agreement

A Canadian-law governed agreement between a bank and trustee establishing terms for operating and managing a trust account in compliance with federal and provincial regulations.

find out more

Private Trust Agreement

A Canadian legal document establishing a private trust relationship between settlor, trustees, and beneficiaries, governing asset management and distribution.

find out more

Contractual Trust Agreement

A Canadian legal document establishing a trust arrangement between settlor, trustees, and beneficiaries, governed by federal and provincial trust laws.

find out more

Trust Account Agreement

A Canadian-law governed agreement establishing the terms and conditions for managing trust funds between a financial institution and account holders, compliant with federal and provincial regulations.

find out more

Blind Trust Agreement

A Canadian legal document establishing a blind trust arrangement where assets are managed independently to prevent conflicts of interest, compliant with federal and provincial regulations.

find out more

Vehicle Trust Agreement

A Canadian legal document establishing and governing the management of vehicles held in trust, compliant with federal and provincial trust and transportation laws.

find out more

Irrevocable Trust Agreement

A Canadian legal document establishing a permanent trust arrangement that transfers assets irrevocably from a settlor to trustees for specified beneficiaries, governed by federal and provincial trust laws.

find out more

Living Trust Agreement

A Canadian legal document establishing a living trust for asset management and distribution, governed by federal and provincial trust laws.

find out more

Revocable Trust Agreement

A Canadian-law governed agreement establishing a revocable trust that can be modified or terminated by the settlor during their lifetime.

find out more

Land Trust Agreement

A Canadian legal document establishing a trust to hold and manage land for specific purposes, subject to federal and provincial regulations.

find out more

Deed Of Subordination

A Canadian law-governed deed that establishes the ranking and subordination of different creditors' claims against a common debtor.

find out more

Investment Trust Agreement

A Canadian-law governed agreement establishing an investment trust structure, defining relationships between trustees, managers, and unitholders while ensuring regulatory compliance.

find out more

Declaration Of Trust For Shares

A Canadian legal document establishing a trust arrangement where shares are held by trustees for specified beneficiaries, governed by federal and provincial trust laws.

find out more

Family Trust Agreement

A Canadian legal agreement establishing a family trust structure for asset management and succession planning, governed by federal and provincial trust laws.

find out more

Declaration Of Trust

A Canadian legal document establishing a trust arrangement, defining how trustees manage and distribute assets for beneficiaries under federal and provincial trust laws.

find out more

Trust Fund Agreement

A Canadian-law governed agreement establishing and regulating the management and distribution of trust assets, defining trustee duties and beneficiary rights.

find out more

Trust Settlement Agreement

A Canadian legal document establishing a trust arrangement, defining asset transfer, management terms, and beneficiary rights under federal and provincial jurisdiction.

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.