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Deed Of Ratification Trust Deed

Deed Of Ratification Trust Deed Template for Australia

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Key Requirements PROMPT example:

Deed Of Ratification Trust Deed

"I need a Deed of Ratification Trust Deed to formally ratify and confirm changes made to our family trust's investment strategy and trustee appointments that occurred between 2020-2024, with the new arrangements to be confirmed as of January 2025."

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Document background
A Deed Of Ratification Trust Deed is a crucial legal instrument in Australian trust law, commonly utilized when there is a need to formally confirm or validate previous actions taken in relation to a trust. This document becomes necessary in various scenarios, such as when historical trust decisions need formal ratification, when there are questions about the validity of past actions, or when stakeholders require formal confirmation of trust arrangements. The deed serves to protect trustees, beneficiaries, and other stakeholders by providing clear documentation and legal certainty about trust matters. In the Australian legal framework, this deed must comply with both federal and state trust laws, tax regulations, and statutory requirements for deed execution. It typically includes detailed recitals of the trust's history, specific matters being ratified, and formal execution provisions that meet the requirements of Australian law.
Suggested Sections

1. Parties: Identifies all parties to the deed, including the trustee(s), settlor (if alive and involved), and any other relevant parties

2. Background/Recitals: Sets out the history of the trust, details of the original trust deed, and circumstances leading to the need for ratification

3. Definitions and Interpretation: Defines key terms used in the deed and establishes interpretation principles

4. Confirmation of Trust Deed: Explicitly confirms the existence and validity of the original trust deed

5. Matters Being Ratified: Clearly specifies the actions, decisions, or arrangements being ratified through this deed

6. Ratification and Confirmation: The operative provisions that effect the ratification of the specified matters

7. Warranties and Representations: Statements of fact and promises made by the parties regarding their authority and the matters being ratified

8. Governing Law and Jurisdiction: Specifies the governing law (Australian law) and jurisdiction for any disputes

9. Execution: Formal execution provisions complying with deed requirements under Australian law

Optional Sections

1. Indemnities: Include when specific indemnities are required for trustees or other parties regarding the ratified matters

2. Tax Declarations: Include when the ratification has specific tax implications that need to be addressed

3. Third Party Consents: Include when third party consents are relevant to the ratification

4. Amendment Provisions: Include when specific provisions regarding future amendments need to be addressed

5. Costs: Include when there needs to be specific provision for who bears the costs of the ratification

6. Severability: Include when there's a need to ensure partial invalidity doesn't affect the whole deed

Suggested Schedules

1. Original Trust Deed: Copy of the original trust deed being ratified

2. Relevant Resolutions: Copies of trustee resolutions or other relevant decisions being ratified

3. Details of Ratified Matters: Detailed description of specific matters being ratified

4. Certificate of Independent Legal Advice: If required, certificates confirming parties received independent legal advice

5. Consent Documents: Copies of any relevant third-party consents or approvals

6. Power of Attorney: If applicable, powers of attorney authorizing execution

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions






































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Relevant Industries

Financial Services

Private Wealth Management

Real Estate

Family Business

Investment Management

Professional Services

Corporate Services

Estate Planning

Agriculture

Mining and Resources

Retail

Healthcare

Education

Relevant Teams

Legal

Compliance

Wealth Management

Trust Administration

Corporate Services

Risk Management

Finance

Tax Advisory

Estate Planning

Asset Management

Relevant Roles

Trust Lawyer

Estate Planning Attorney

Corporate Trustee

Trust Administrator

Wealth Manager

Financial Advisor

Tax Consultant

Trust Account Manager

Compliance Officer

Legal Counsel

Company Secretary

Trust Operations Manager

Private Client Advisor

Risk Manager

Property Manager

Asset Manager

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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