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Indemnity Deed Of Trust

Indemnity Deed Of Trust Template for Ireland

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Key Requirements PROMPT example:

Indemnity Deed Of Trust

"I need an Indemnity Deed of Trust under Irish law to establish a family trust for my real estate holdings, with specific indemnity provisions protecting the corporate trustee, and including investment guidelines for commercial property development starting March 2025."

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Document background
The Indemnity Deed of Trust is a specialized legal instrument used when establishing trust arrangements that require additional protection for trustees or other parties through specific indemnity provisions. This document is particularly relevant in situations involving high-value assets, complex trust structures, or when trustees require enhanced protection against potential claims or liabilities. Under Irish law, this deed combines the traditional elements of trust establishment with comprehensive indemnity provisions, making it suitable for both private wealth management and corporate trust arrangements. The document typically includes detailed provisions about trust property, trustee powers, beneficiary rights, investment parameters, and specific indemnification clauses that protect designated parties from potential losses or liabilities arising from their role in the trust arrangement.
Suggested Sections

1. Parties: Identifies and defines all parties to the deed: Settlor, Trustee(s), Beneficiaries, and Indemnifier

2. Background: Recitals explaining the context and purpose of the trust and indemnity arrangement

3. Definitions and Interpretation: Defines key terms used throughout the deed and sets out interpretation rules

4. Declaration of Trust: Formal establishment of the trust and transfer of trust property

5. Indemnity Provisions: Details of the indemnity provided, including scope, limitations, and conditions

6. Trustee Powers and Duties: Comprehensive list of trustees' powers and responsibilities

7. Trust Administration: Procedures for managing the trust and making decisions

8. Duration and Termination: Term of the trust and circumstances for termination

9. Governing Law and Jurisdiction: Confirms Irish law governance and jurisdiction for disputes

Optional Sections

1. Protector Provisions: Include when a trust protector is appointed to oversee certain trustee actions

2. Investment Powers: Detailed investment guidelines when trust includes significant financial assets

3. Corporate Trustee Provisions: Additional provisions when one or more trustees are corporate entities

4. Tax Provisions: Specific tax-related clauses when complex tax arrangements are involved

5. Variation Powers: Powers to modify trust terms, included when flexibility is required

6. Letter of Wishes: Reference to supplementary guidance from settlor, when non-binding guidance is desired

Suggested Schedules

1. Schedule 1 - Trust Property: Detailed inventory of assets forming the initial trust property

2. Schedule 2 - Beneficiaries: Full details of beneficiaries and their respective interests

3. Schedule 3 - Trustee Remuneration: Details of trustee fees and expense reimbursement

4. Schedule 4 - Indemnity Terms: Specific terms and conditions of the indemnity arrangement

5. Appendix A - Investment Guidelines: Detailed investment parameters and restrictions

6. Appendix B - Administrative Procedures: Operational procedures for trust administration

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions








































Clauses






























Relevant Industries

Financial Services

Banking

Legal Services

Wealth Management

Estate Planning

Corporate Services

Insurance

Investment Management

Professional Services

Real Estate

Relevant Teams

Legal

Compliance

Wealth Management

Trust Administration

Risk Management

Corporate Services

Financial Advisory

Private Client Services

Operations

Company Secretarial

Relevant Roles

Trust Manager

Legal Counsel

Compliance Officer

Wealth Manager

Estate Planning Attorney

Trust Administrator

Financial Advisor

Risk Manager

Corporate Trustee

Trust Operations Manager

Senior Legal Counsel

Private Client Manager

Trust Officer

Chief Financial Officer

Company Secretary

Industries








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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