¶¶Òõ¶ÌÊÓÆµ

Declaration Of Bare Trust And Agency Agreement Template for England and Wales

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Declaration Of Bare Trust And Agency Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Declaration Of Bare Trust And Agency Agreement

"I need a Declaration of Bare Trust and Agency Agreement to set up a bare trust for my London property, with ABC Property Management Limited as the agent responsible for managing the property from 1 March 2025, ensuring all rental income goes directly to my children as beneficiaries."

Document background
The Declaration of Bare Trust and Agency Agreement is commonly used when there's a need to separate legal and beneficial ownership of assets while appointing a professional manager. This arrangement is particularly useful in property investments, family wealth planning, and nominee arrangements under English and Welsh law. The document combines trust declarations required under the Trustee Act 2000 with agency provisions, creating a comprehensive framework for asset management. It typically includes detailed provisions about the trust property, the scope of the agent's authority, duties of all parties, and termination provisions.
Suggested Sections

1. Parties: Identifies trustee, beneficiary, and agent with full details

2. Background: Context and purpose of the bare trust and agency arrangement

3. Definitions: Key terms used throughout the document

4. Declaration of Trust: Formal declaration of bare trust over specified assets

5. Trust Property: Detailed description of assets held in trust

6. Agency Appointment: Terms of agent's appointment and scope of authority

7. Duties and Powers: Obligations and authorities of trustee and agent

8. Termination: Circumstances and process for ending the arrangements

Optional Sections

1. Remuneration: Terms of payment for agent or trustee services - used when services are not provided gratuitously

2. Liability and Indemnity: Additional protection for trustees or agents - used when parties require specific risk allocation

3. Reporting Requirements: Specific reporting obligations - used for complex arrangements requiring regular updates

4. Tax Provisions: Specific tax treatment agreements - used when specific tax positions need to be documented

Suggested Schedules

1. Schedule 1 - Trust Property: Detailed inventory of assets held in trust

2. Schedule 2 - Agent's Powers: Detailed list of agent's specific authorities

3. Schedule 3 - Fee Schedule: Detailed breakdown of any fees or charges (optional)

4. Schedule 4 - Reporting Template: Standard format for periodic reports (optional)

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


































Clauses




























Industries

Trustee Act 2000: Primary legislation governing trustees' general powers, duties, investment powers and establishing the statutory duty of care for trustees

Law of Property Act 1925: Fundamental legislation governing property rights, interests, and formal requirements for trust declarations in England and Wales

Money Laundering Regulations 2017: Regulations requiring registration of express trusts with the Trust Registration Service, including subsequent amendments

Financial Services and Markets Act 2000: Legislation governing regulated financial activities, relevant for agency relationships involving regulated services

Commercial Agents Regulations 1993: Regulations implementing EU Directive on commercial agency relationships, defining rights and obligations of commercial agents

Income Tax Act 2007: Tax legislation relevant to bare trusts, establishing principles of tax transparency and treatment of trust income

Taxation of Chargeable Gains Act 1992: Legislation governing capital gains tax implications and treatment of trust assets

Mental Capacity Act 2005: Legislation establishing capacity requirements for parties entering into trust and agency arrangements

Common Law Trust Principles: Body of case law and judicial precedents establishing fundamental principles of trust law in England and Wales

Equitable Principles: Fundamental principles of equity governing the creation and administration of trusts and fiduciary relationships

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

Find the exact document you need

Trust Revocation Declaration

find out more

Declaration Of Trust Rental Income Sole Owner

find out more

Declaration Of Trust For Rental Income

find out more

Declaration Of Revocable Trust

find out more

Declaration Of Bare Trust And Agency Agreement

find out more

Declaration Of Bare Trust

find out more

Declaration Of Trust Tenants In Common Unequal Shares

An English law document establishing unequal beneficial interests in co-owned property under a trust arrangement.

find out more

Self Declaration Of Trust

A legal document under English and Welsh law where an individual declares they hold assets on trust for specified beneficiaries.

find out more

Declaration Of Trust Nominee Shareholder

An English law document establishing a trust relationship where a nominee holds shares on behalf of a beneficial owner.

find out more

Declaration Of Trust For Shares

An English law document establishing a trust arrangement for shares, defining the relationship between legal and beneficial owners.

find out more

Declaration Of Trust Tenants In Common

A legal document under English and Welsh law that records beneficial ownership shares between property co-owners as tenants in common.

find out more

Agreement And Declaration Of Trust

A legal document under English and Welsh law establishing a trust arrangement and defining the terms under which trustees manage assets for beneficiaries.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.