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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."
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
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
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
Financial Services
Private Wealth Management
Family Business
Real Estate
Investment Management
Professional Services
Islamic Finance
Estate Planning
Legal Services
Legal
Compliance
Wealth Management
Private Client Services
Corporate Secretarial
Risk Management
Asset Management
Trust Administration
Financial Advisory
Islamic Banking
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
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