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Blind Trust Agreement
"I need a Blind Trust Agreement for my appointment as a senior civil servant, transferring my investment portfolio of technology stocks to independent trustees by March 2025, with strict communication barriers and quarterly reporting requirements."
1. Parties: Identification of settlor, trustees, and beneficiaries
2. Background: Context for trust creation and purpose of blind trust arrangement
3. Definitions: Key terms used throughout the agreement
4. Trust Property: Description of assets placed in trust
5. Trustee Powers and Duties: Detailed powers and responsibilities of trustees
6. Investment Guidelines: Parameters for investment decisions
7. Communication Restrictions: Rules preventing settlor involvement in trust management
8. Duration and Termination: Trust period and termination conditions
1. Successor Trustees: Provisions for appointment of replacement trustees when long-term continuation is anticipated
2. Political Compliance: Additional restrictions and compliance requirements when settlor holds or seeks public office
3. Tax Provisions: Specific tax planning arrangements when particular tax treatment is desired
1. Schedule 1: Initial Trust Assets: Detailed inventory of assets transferred to trust
2. Schedule 2: Investment Policy Statement: Detailed investment guidelines and restrictions
3. Schedule 3: Trustee Compensation: Fee structure and payment terms for trustees
4. Appendix A: Communication Protocols: Detailed procedures for permissible communications
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