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Money Trust Deed Template for England and Wales

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Key Requirements PROMPT example:

Money Trust Deed

"I need a Money Trust Deed to establish a trust for managing £500,000 for my three children's education, with my sister and brother-in-law as trustees, to be effective from March 2025."

Document background
A Money Trust Deed is essential when establishing a formal structure for managing monetary assets under English and Welsh law. This document is commonly used in situations where individuals or organizations wish to set aside funds for specific purposes or beneficiaries while ensuring professional management and legal compliance. The deed includes detailed provisions about trustee powers, investment guidelines, distribution rules, and administrative procedures. It's particularly relevant in wealth management, estate planning, and charitable giving contexts, where clear governance and protection of assets are paramount.
Suggested Sections

1. Parties: Identifies the settlor, trustees, and beneficiaries

2. Background: Sets out the context and purpose of the trust

3. Definitions: Defines key terms used throughout the deed

4. Declaration of Trust: Formal declaration creating the trust

5. Trust Powers: Details the powers granted to trustees

6. Administrative Provisions: Covers day-to-day management of the trust

7. Trustee Provisions: Details appointment, retirement, and removal of trustees

Optional Sections

1. Investment Powers: Specific investment authorities and restrictions - used when trust involves significant investment activities

2. Delegation Provisions: Powers to delegate trustee duties - used for larger trusts requiring professional management

3. Remuneration Clause: Provisions for trustee compensation - used when professional trustees are involved

Suggested Schedules

1. Schedule 1: Trust Property: Details of initial trust assets and funds

2. Schedule 2: Beneficiaries: List of beneficiaries and their respective interests

3. Schedule 3: Investment Guidelines: Specific investment parameters and restrictions

4. Appendix A: Trustee Powers: Detailed list of trustee powers supplementing main deed

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




































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Relevant Industries
Relevant Teams
Relevant Roles
Industries

Trustee Act 1925: Core legislation defining trustees' powers and duties, administrative provisions, and procedures for appointment and retirement of trustees

Trustee Act 2000: Modern legislation establishing statutory duty of care, investment powers, delegation authorities and modernized trustee powers

Law of Property Act 1925: Key legislation governing trust property matters and formal requirements for property held in trust

Financial Services and Markets Act 2000: Regulatory framework for financial services, relevant when trust involves regulated investment activities

Perpetuities and Accumulations Act 2009: Legislation governing rules against perpetuities and the accumulation of income in trusts

Trusts of Land and Appointment of Trustees Act 1996: Specific legislation detailing powers and duties regarding trust property and land

Trustee Delegation Act 1999: Legislation covering the provisions and requirements for delegation of trustee powers

Money Laundering Regulations 2017: Regulatory requirements for handling money and conducting due diligence in trust arrangements

Income Tax Act 2007: Tax legislation relevant to income generated within and distributed from trusts

Taxation of Chargeable Gains Act 1992: Legislation governing capital gains tax implications for trust assets

Inheritance Tax Act 1984: Tax legislation covering inheritance tax implications for trusts and trust transfers

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

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