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Deed Of Variation Trust Deed
"I need a Deed of Variation Trust Deed under Dutch law to modify the investment powers of our family trust and add two new trustees, with the changes to take effect from March 1, 2025."
1. Parties: Identification of all parties involved including the current trustees, any incoming/outgoing trustees, and the trust protector (if any)
2. Background: Recitals explaining the existence of the original trust deed, its date, and the reason for the variation
3. Definitions: Definitions of key terms used throughout the deed, including references to the Original Trust Deed
4. Authority to Vary: Statement of the legal basis and power under which the variation is being made
5. Variations: Detailed description of each specific change being made to the original trust deed
6. Confirmation: Confirmation that all other provisions of the original trust deed remain unchanged
7. Effective Date: Specification of when the variations take effect
8. Governing Law: Confirmation of Dutch law as the governing law
9. Execution: Formal execution block meeting Dutch notarial requirements
1. Tax Declarations: Required when the variation has tax implications or requires specific tax treatment declarations
2. Beneficiary Consent: Include when beneficiaries' explicit consent is required for the variations
3. Powers of Attorney: Required when any party is acting under a power of attorney
4. Regulatory Compliance: Include when the trust is subject to specific regulatory requirements or oversight
5. Asset Schedule Updates: Required when the variation affects the trust's asset composition
6. Third Party Consents: Include when the variation requires consent from external parties such as banks or regulators
1. Schedule 1 - Original Trust Deed: Copy or extract of the original trust deed being varied
2. Schedule 2 - Variations Table: Detailed table showing original clauses and their new variations side by side
3. Schedule 3 - Consents and Approvals: Copies of all relevant consents from beneficiaries, regulators, or other parties
4. Schedule 4 - Updated Asset Register: If applicable, updated list of trust assets affected by the variation
5. Appendix A - Powers of Attorney: Copies of any relevant powers of attorney
6. Appendix B - Due Diligence Documents: Required AML/KYC documentation for any new parties
Authors
Financial Services
Private Banking
Wealth Management
Legal Services
Real Estate
Family Office Services
Estate Planning
Private Equity
Investment Management
Professional Services
Legal
Compliance
Trust Administration
Wealth Management
Private Banking
Risk Management
Tax Advisory
Estate Planning
Corporate Services
Fiduciary Services
Trust Officer
Legal Counsel
Corporate Lawyer
Estate Planning Attorney
Wealth Manager
Trust Administrator
Compliance Officer
Risk Manager
Private Client Advisor
Tax Advisor
Trust Manager
Fiduciary Services Manager
Family Office Manager
Relationship Manager
Notary
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