Trust Agreement Template – Canada

The Trust Agreement Template – Canada is offered in several formats, including PDF, Word, and Google Docs. All versions are customizable and ready for printing, designed to accommodate your preferences effortlessly.


Sample

Trust Agreement Template – Canada

Editable – Printable



1. Parties Involved





2. Purpose of the Trust

3. Trust Property

4. Trustee’s Powers and Duties

5. Responsibilities of the Beneficiaries

6. Duration of Trust

7. Distribution of Trust Assets

8. Amendment of the Trust

9. Governing Law

10. Signatures and Acceptance




PDF


WORD

Examples


Trust Agreement Template – Canada (1)
Between:
[Trustee’s Name]
[Trustee’s Address]
[Trustee’s Phone]
[Trustee’s Email]
And:
[Settlor’s Name]
[Settlor’s Address]
[Settlor’s Phone]
[Settlor’s Email]
Introduction:
This Trust Agreement (“Agreement”) establishes the terms for the trust created by [Settlor’s Name] (“Settlor”) and managed by [Trustee’s Name] (“Trustee”), effective as of [Effective Date].
Clause 1: Trust Purpose
The purpose of this Trust is to hold, manage, and distribute the trust assets for the benefit of [Beneficiaries’ Names or Classes of Beneficiaries].
Clause 2: Trust Assets
The trust assets include [list of assets], which shall be managed by the Trustee in the best interest of the Beneficiaries.
Clause 3: Trustee’s Responsibilities
The Trustee agrees to manage the trust assets prudently, provide regular statements, and adhere to fiduciary duties outlined under Canadian laws.
Clause 4: Distributions
Distributions from the trust shall be made to the Beneficiaries at the discretion of the Trustee, subject to the terms set forth in this Agreement.
Clause 5: Amendments
Any amendments to this Agreement may be made in writing, signed by both the Settlor and the Trustee, and shall be duly recorded.
Clause 6: Termination
This Trust shall remain in effect until [Termination Conditions] or may be terminated at any time by mutual agreement of the Settlor and the Trustee.
Clause 7: Governing Law
This Agreement shall be governed by and construed in accordance with the laws of Canada.
Signed in [City], [Date].
Sincerely,
[Trustee’s Signature]
[Trustee’s Name]
[Settlor’s Signature]
[Settlor’s Name]
Trust Agreement Template – Canada (2)
Between:
[Trustee’s Name]
[Trustee’s Address]
[Trustee’s Phone]
[Trustee’s Email]
And:
[Settlor’s Name]
[Settlor’s Address]
[Settlor’s Phone]
[Settlor’s Email]
Introduction:
This Trust Agreement establishes a trust intended to benefit [Beneficiary’s Name], managed by the Trustee, effective from [Effective Date].
Clause 1: Trust Purpose
The Trust shall be established for the benefit of the Beneficiary, ensuring proper management and distribution of assets.
Clause 2: Contributions to the Trust
The Settlor agrees to contribute the following assets: [list specific assets] to the Trust, which the Trustee will manage.
Clause 3: Management of Trust Assets
The Trustee will have the authority to invest properties within the Trust while ensuring compliance with applicable laws and considering the best interests of the Beneficiary.
Clause 4: Distribution Guidelines
Distributions may occur at the Trustee’s discretion based on the Beneficiary’s needs, and must adhere to any conditions set by the Settlor.
Clause 5: Reporting Obligations
The Trustee must provide annual accounting statements to the Settlor detailing the Trust’s financial activities and outcomes.
Clause 6: Successor Trustee
In the event the Trustee is unable to fulfill their duties, a successor shall be appointed according to the terms established within this Agreement.
Clause 7: Governing Law
This Agreement shall be governed by the laws of the Province of [Province] and the applicable laws of Canada.
Signed in [City], [Date].
Sincerely,
[Trustee’s Signature]
[Trustee’s Name]
[Settlor’s Signature]
[Settlor’s Name]

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Trust Agreement Template - Canada