The-definition.com

Definition

Trust Deed (Settlement Deed, Declaration of Trust or Trust Instrument)

Trust Deed (Settlement Deed, Declaration of Trust or Trust Instrument) is document that lays down the foundations of how the trustees are to administer and manage the trust assets and how they are to distribute and dispose of trust assets during the lifetime of the trust.

Share it:  Cite

More from this Section

  • Sea Waybill
    Sea Waybill is a transport document for marine shipments serving as evidence of contract ...
  • Malpractice insurance
    Malpractice insurance coverage that protects professionals (doctors, lawyers, etc.) from ...
  • Devaluation of currency
    Devaluation of a currency refers to a drop in foreign exchange value of a currency that ...
  • Foreign Exchange
    Foreign Exchange is the system or process of converting one national currency into another ...
  • Royalty fees
    Royalty fees are similar compensation for the use of intellectual property belonging to ...