Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Irrevocable Trust Agreement
"I need an Irrevocable Trust Agreement under German law for transferring my family business assets to my three adult children, with professional trustee management and quarterly distribution requirements, to be effective from March 1, 2025."
1. Parties: Identification of all parties: Settlor(s), Trustee(s), and Beneficiaries
2. Background: Context of the trust creation and settlor's intentions
3. Definitions: Comprehensive definitions of terms used throughout the agreement
4. Trust Creation and Purpose: Declaration of trust creation, its irrevocable nature, and primary purposes
5. Trust Property: Detailed description of initial trust assets and property
6. Trustee Powers and Duties: Comprehensive outline of trustees' authorities, responsibilities, and limitations
7. Distribution Provisions: Rules and guidelines for distributing trust income and principal
8. Beneficiary Rights and Interests: Definition of beneficiaries' entitlements and limitations
9. Trust Administration: Administrative procedures, record-keeping requirements, and reporting obligations
10. Successor Trustees: Provisions for appointment and succession of trustees
11. Trust Duration: Specification of trust term and termination conditions
12. Governing Law and Jurisdiction: Confirmation of German law application and jurisdictional matters
13. Amendment and Variation: Limited circumstances under which trust terms may be modified
14. Tax Provisions: Tax treatment and obligations related to the trust
15. Execution and Attestation: Formal execution requirements and witness provisions
1. Charitable Purposes: Required if trust has charitable components or public benefit purposes
2. Business Interests Management: Needed if trust holds business assets or corporate interests
3. Real Estate Administration: Required if trust includes real property assets
4. International Assets: Necessary for trusts with assets in multiple jurisdictions
5. Investment Guidelines: Detailed investment policies and restrictions for complex asset portfolios
6. Conflict Resolution: Specific dispute resolution procedures beyond standard legal remedies
7. Privacy and Confidentiality: Enhanced privacy provisions for high-net-worth arrangements
8. Environmental Provisions: Required for trusts holding assets with environmental implications
9. Digital Assets: Provisions for handling digital assets and cryptocurrencies
1. Schedule A - Trust Property: Detailed inventory of initial trust assets and their values
2. Schedule B - Beneficiary Details: Complete information about beneficiaries and their respective interests
3. Schedule C - Distribution Framework: Specific rules and formulas for trust distributions
4. Schedule D - Investment Policy: Detailed investment guidelines and restrictions
5. Schedule E - Trustee Compensation: Fee structure and payment terms for trustees
6. Appendix 1 - Key Contact Information: Contact details for all relevant parties and advisors
7. Appendix 2 - Tax Elections: Specific tax elections and treatments applicable to the trust
8. Appendix 3 - Compliance Checklist: Required regulatory and compliance obligations
9. Appendix 4 - Document Inventory: List of all relevant trust documentation and certificates
Authors
Financial Services
Private Banking
Wealth Management
Legal Services
Real Estate
Family Office Services
Tax Advisory
Estate Planning
Asset Management
Private Equity
Charitable Organizations
Banking
Insurance
Legal
Wealth Management
Trust Administration
Compliance
Tax Advisory
Risk Management
Client Services
Investment Management
Operations
Private Banking
Trust Officer
Estate Planning Attorney
Wealth Manager
Tax Consultant
Private Banker
Legal Counsel
Compliance Officer
Financial Advisor
Trust Administrator
Asset Manager
Family Office Manager
Risk Manager
Investment Advisor
Trust Operations Manager
Client Relationship Manager
Find the exact document you need
Termination Of Trust Agreement
A German law-governed agreement that formally terminates a trust arrangement and provides for the distribution of trust assets to beneficiaries.
Anti Trust Agreement
A German law-governed agreement establishing competition law compliance commitments and procedures under both German and EU regulatory frameworks.
Trust Addendum
A German law-governed document that modifies an existing trust arrangement (Treuhand), aligned with German Civil Code requirements and fiduciary principles.
Lifetime Occupancy Agreement
A German law agreement granting lifetime residential occupancy rights, detailing occupant and owner obligations under the BGB.
Reinsurance Trust Agreement
A German law-governed agreement establishing a trust arrangement for reinsurance collateral between a reinsurer, insurer, and trustee, subject to BaFin oversight.
Simple Trust Agreement
A German law Simple Trust Agreement establishing a Treuhand arrangement for asset management between trustor, trustee, and beneficiaries.
Trust Operating Agreement
A German law governed agreement establishing the operational framework for a trust (Treuhand) arrangement, defining rights, obligations, and management procedures.
Private Trust Agreement
A German law Private Trust Agreement (Treuhandvertrag) establishing a contractual trust-like arrangement for asset management and wealth transfer under German legal framework.
Contractual Trust Agreement
A German law agreement establishing a trust arrangement to secure company pension obligations, protecting employee benefits through asset segregation and professional management.
Blind Trust Agreement
A German law-governed agreement establishing an independent trust structure (Treuhand) where assets are managed without the settlor's knowledge or involvement to prevent conflicts of interest.
Vehicle Trust Agreement
A German law-governed agreement establishing a trust arrangement for vehicles, defining rights and obligations of trustees, settlors, and beneficiaries.
Irrevocable Trust Agreement
A German law-governed agreement establishing an irrevocable trust arrangement for permanent asset transfer and management, with defined trustee powers and beneficiary rights.
Living Trust Agreement
A German law-governed agreement establishing a living trust arrangement for asset management and distribution, structured according to German civil law requirements.
Revocable Trust Agreement
A German law-governed trust agreement enabling asset transfer to a trustee for beneficiary management, with settlor retention of modification/revocation rights.
Land Trust Agreement
A German law agreement establishing a trust-like arrangement for real estate management and ownership, structured within Germany's civil law framework.
Irrevocable Agreement
A German law-governed binding agreement establishing permanent commitments that cannot be unilaterally modified or terminated.
Family Trust Agreement
A legal document establishing a family trust structure (Treuhand) under German law for managing and distributing family assets.
Trust Fund Agreement
A German law-governed agreement establishing a trust fund arrangement (Treuhand), defining asset management terms and fiduciary responsibilities under German legal principles.
Agreement And Declaration Of Trust
A German law document establishing a Treuhand (trust-like) arrangement for asset management and beneficiary benefits, structured according to German civil law requirements.
Download our whitepaper on the future of AI in Legal
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.