Download Trustee Declaration Form - Singapore

Trustee Declaration Form for Singapore

Trustee Declaration Form Template for Singapore

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Trustee Declaration Form

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What is a Trustee Declaration Form?

The Trustee Declaration Form is a crucial document in Singapore trust law that formalizes a trustee's acceptance of their role and responsibilities. It is typically used when establishing new trusts, appointing replacement trustees, or confirming existing trustee appointments. The form includes detailed information about the trust property, beneficiaries, and the scope of the trustee's powers under Singapore law. This document is essential for compliance with the Trustees Act and provides clear evidence of the trustee's understanding and acceptance of their fiduciary duties.

What sections should be included in a Trustee Declaration Form?

1. Declaration Details: Date, location, and parties involved in the declaration

2. Trustee Information: Full details of trustee(s), including legal capacity and contact information

3. Trust Property Description: Detailed description of assets held in trust

4. Trustee Powers and Duties: Enumeration of trustee responsibilities and authorized actions under the Trustees Act (Chapter 337)

5. Beneficiary Information: Details of trust beneficiaries and their entitlements

What sections are optional to include in a Trustee Declaration Form?

1. Co-Trustee Provisions: Additional provisions and coordination mechanisms when multiple trustees are appointed

2. Professional Trustee Clauses: Specific provisions required for licensed trust companies under the Trust Companies Act

3. Successor Trustee Provisions: Procedures and requirements for trustee replacement and succession

What schedules should be included in a Trustee Declaration Form?

1. Schedule A - Trust Property Details: Comprehensive list and description of all trust assets and properties

2. Schedule B - Beneficiary Rights: Detailed breakdown of beneficiary entitlements and conditions

3. Appendix 1 - Required Documentation: List of supporting documents provided by trustee including identification and certification documents

4. Appendix 2 - Compliance Checklist: Regulatory compliance requirements and confirmations under Singapore law

Authors

Alex Denne

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

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Download a Standard Template

What is a Trustee Declaration Form?

What sections should be included in a Trustee Declaration Form?

What sections are optional to include in a Trustee Declaration Form?

What schedules should be included in a Trustee Declaration Form?

Authors

Alex Denne

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