The Bare Trust Agreement Template – Ontario, Canada is offered in multiple formats, including PDF, Word, and Google Docs. These formats are both modifiable and ready for printing, crafted to fulfill your requirements effortlessly.
Bare Trust Agreement Template Ontario – Canada Editable – PrintableSample
1. Parties Involved 2. Purpose of the Trust 3. Description of the Trust Property 4. Trustee Responsibilities 5. Beneficiary Rights 6. Distribution of Trust Property 7. Termination of the Trust 8. Governing Law 9. Signatures and Acceptance
PDF
WORD
Examples
[Trustee’s Name]
[Trustee’s Address]
[Trustee’s Phone]
[Trustee’s Email]
[Beneficiary’s Name]
[Beneficiary’s Address]
[Beneficiary’s Phone]
[Beneficiary’s Email]
This Bare Trust Agreement (“Agreement”) establishes the relationship between the Trustee and the Beneficiary, effective as of [Effective Date], regarding the holding of property in trust.
The Beneficiary hereby appoints the Trustee to hold and manage the Trust Property as outlined in this Agreement.
The property to be held in trust includes [Description of Property] and any other property agreed upon in writing by both parties.
The Trustee is granted powers to manage the Trust Property, including the authority to buy, sell, or lease the property, while acting in the best interests of the Beneficiary.
The Trustee will keep accurate records of all transactions and provide the Beneficiary with an annual statement detailing the status of the Trust Property.
This Trust shall continue until the Trustee completes the transfer of the Trust Property to the Beneficiary, or until terminated by mutual agreement.
This Agreement will be governed by and construed in accordance with the laws of Ontario, Canada.
[Trustee’s Signature]
[Trustee’s Name]
[Beneficiary’s Signature]
[Beneficiary’s Name]
[Trustee’s Name]
[Trustee’s Address]
[Trustee’s Phone]
[Trustee’s Email]
[Beneficiary’s Name]
[Beneficiary’s Address]
[Beneficiary’s Phone]
[Beneficiary’s Email]
This Bare Trust Agreement (“Agreement”) outlines the terms under which the Trustee agrees to hold and manage designated assets for the Beneficiary’s benefit.
The Trustee acknowledges that the Trust Property is being held solely for the benefit of the Beneficiary and will not be used for the Trustee’s personal benefit.
The following assets constitute the Trust Property: [Detailed Description of Assets]. The Trustee shall manage these assets in accordance with this Agreement.
The Trustee is responsible for conducting due diligence on investment decisions and must consult with the Beneficiary regarding any significant decisions affecting the Trust.
The Trustee shall make distributions from the Trust to the Beneficiary at the Beneficiary’s request, in a manner agreed upon by both parties.
This Agreement may be terminated by either party upon written notice and once all Trust Property has been transferred to the Beneficiary.
This Agreement shall be governed by the laws of the Province of Ontario, Canada.
[Trustee’s Signature]
[Trustee’s Name]
[Beneficiary’s Signature]
[Beneficiary’s Name]
Printable
