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Trust Articles Of Incorporation Template for United Arab Emirates

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Key Requirements PROMPT example:

Trust Articles Of Incorporation

"I need Trust Articles of Incorporation for establishing a family business trust in the UAE that will hold and manage multiple real estate assets, with provisions for succession planning across three generations and specific Shariah-compliant investment restrictions."

Document background
Trust Articles of Incorporation are essential documents used when establishing a formal trust structure in the United Arab Emirates. This document is particularly relevant following the introduction of UAE Federal Decree Law No. 19 of 2020, which provided a comprehensive framework for trust establishment in the UAE mainland. It is typically used when individuals or organizations need to create a legal structure for asset protection, wealth management, or family succession planning. The document contains critical information about trust governance, including trustee appointments, beneficiary rights, asset management protocols, and compliance requirements. It serves as the foundational document that outlines how the trust will operate within the UAE legal framework, incorporating both local regulatory requirements and international trust management best practices.
Suggested Sections

1. Parties: Identification of the settlor(s), trustee(s), and any protector appointed for the trust

2. Background: Purpose of establishing the trust and contextual information about the trust arrangement

3. Definitions: Key terms used throughout the trust articles, including technical and legal terminology

4. Trust Name and Establishment: Official name of the trust and declaration of its establishment under UAE law

5. Trust Purpose and Objectives: Detailed statement of the trust's purposes and intended objectives

6. Trust Property: Description of initial trust assets and provisions for additional contributions

7. Trustee Powers and Duties: Comprehensive outline of trustee authorities, responsibilities, and limitations

8. Beneficiary Rights: Identification of beneficiaries and their respective rights and entitlements

9. Trust Duration: Term of the trust and conditions for termination or continuation

10. Administrative Provisions: Procedures for trust administration, including meetings, records, and reporting

11. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdictional matters

Optional Sections

1. Protector Provisions: Required when a trust protector is appointed, detailing their role, powers, and responsibilities

2. Investment Guidelines: Include when specific investment restrictions or guidelines need to be established

3. Successor Trustees: Required when specific provisions for trustee succession are needed beyond standard provisions

4. Distribution Committee: Include when a committee is established to oversee distribution decisions

5. Shariah Compliance: Required when the trust needs to operate in accordance with Islamic law principles

6. Foreign Asset Provisions: Include when the trust will hold assets in multiple jurisdictions

7. Tax Considerations: Required when specific tax planning objectives need to be addressed

Suggested Schedules

1. Schedule 1 - Initial Trust Property: Detailed inventory and valuation of assets initially settled into the trust

2. Schedule 2 - Beneficiary Information: Complete details of beneficiaries including contact information and benefit shares

3. Schedule 3 - Trustee Compensation: Fee structure and payment terms for trustee services

4. Schedule 4 - Administrative Procedures: Detailed procedures for trust administration, reporting requirements, and record-keeping

5. Appendix A - Consent Forms: Required forms and declarations from parties involved

6. Appendix B - Trust Registration Documents: Copies of official registration documents and certificates

Authors

Alex Denne

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

Relevant legal definitions



































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Relevant Industries

Financial Services

Private Wealth Management

Family Business

Real Estate

Investment Management

Professional Services

Islamic Finance

Estate Planning

Legal Services

Relevant Teams

Legal

Compliance

Wealth Management

Private Client Services

Corporate Secretarial

Risk Management

Asset Management

Trust Administration

Financial Advisory

Islamic Banking

Relevant Roles

Trust Manager

Wealth Manager

Legal Counsel

Compliance Officer

Private Client Advisor

Estate Planning Specialist

Corporate Secretary

Trust Administrator

Risk Manager

Family Office Manager

Asset Manager

Financial Advisor

Islamic Finance Specialist

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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