Document background
A Purchase Money Trust Deed is essential when there is a separation between those providing funds for property purchase and those holding legal title. Common in family arrangements, joint purchases, and estate planning, this deed provides clear evidence of beneficial ownership and protects the interests of all parties involved. Under English and Welsh law, it must comply with strict formal requirements and should clearly set out the nature of the trust, the rights of beneficiaries, and the powers and duties of trustees. The deed is particularly important for preventing future disputes about property ownership and ensuring that beneficial interests are properly recorded and protected.
