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Deed Of Ratification Trust Deed

Deed Of Ratification Trust Deed Template for New Zealand

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Deed Of Ratification Trust Deed

"Need a Deed of Ratification Trust Deed to confirm the appointment of two new trustees from March 2025 and ratify previous property transfers made between 2020-2024 for our family trust based in Auckland, New Zealand."

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Document background
A Deed of Ratification Trust Deed is typically used in New Zealand when there is a need to formally confirm and validate previous trust arrangements or trustee actions. This document becomes necessary in situations where there may be questions about the validity of past actions, when transitioning to comply with the Trusts Act 2019, or when implementing significant changes to trust arrangements. It provides legal certainty by explicitly ratifying previous decisions and actions, confirming trust property, and ensuring all parties' rights and obligations are clearly documented. The deed must comply with New Zealand legal requirements, particularly the Trusts Act 2019, Property Law Act 2007, and relevant case law. It serves as a crucial tool for risk management and legal compliance in trust administration.
Suggested Sections

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

2. Background: Outlines the existence of the original trust deed, reason for ratification, and relevant historical context

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

4. Confirmation of Trust: Confirms the existence and continuation of the trust arrangement

5. Ratification of Actions: Formally ratifies specific actions, decisions, or appointments made under the trust

6. Acknowledgment of Trust Property: Confirms the assets and property held in trust

7. Trustee Powers and Obligations: Reaffirms the powers and duties of trustees under the trust

8. Execution: Formal execution block for all parties to sign

9. Attestation: Witness details and signatures

Optional Sections

1. Variation of Trust Terms: Include when the ratification includes modifications to original trust terms

2. Appointment of New Trustees: Include when new trustees are being appointed as part of the ratification

3. Retirement of Trustees: Include when existing trustees are retiring as part of the ratification

4. Indemnification Provisions: Include when specific indemnities are required for past actions

5. Tax Declarations: Include when specific tax implications need to be addressed

6. Governing Law: Include when there are cross-border elements requiring explicit choice of law

Suggested Schedules

1. Schedule 1 - Original Trust Deed: Copy or details of the original trust deed being ratified

2. Schedule 2 - Trust Property: Detailed list of assets and property held in trust

3. Schedule 3 - Previous Trustee Actions: List of specific actions being ratified

4. Schedule 4 - Beneficiary Details: Details of trust beneficiaries and their entitlements

5. Appendix A - Supporting Documents: Copies of relevant supporting documentation

6. Appendix B - Legal Opinions: Any legal opinions or advice obtained regarding the ratification

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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Legal Services

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Trust Lawyer

Legal Counsel

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Estate Planning Attorney

Compliance Officer

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