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1. Parties: Identifies settlor(s), trustee(s), and beneficiaries
2. Background: Sets out context and purpose of the trust
3. Definitions: Key terms used throughout the document
4. Declaration of Trust: Formal declaration creating the trust
5. Trust Property: Description of assets held in trust
6. Trustees' Powers: Powers granted to trustees in managing trust
7. Beneficiaries' Rights: Rights and entitlements of beneficiaries
1. Investment Powers: Specific investment authorities beyond statutory powers - recommended for trusts with significant financial assets
2. Appointment and Removal of Trustees: Process for changing trustees - recommended for long-term trusts with likely trustee changes
3. Trust Period: Duration of trust and termination provisions - recommended for trusts with specific time limitations
1. Schedule 1: Trust Property: Detailed inventory of trust assets
2. Schedule 2: Investment Guidelines: Specific investment parameters if applicable
3. Schedule 3: Beneficiaries: Full details of beneficiaries and their respective interests
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