Supplemental Trust Deed
I. Parties Involved:
This Supplemental Trust Deed is made on [Insert Date], between [Your Name], hereinafter referred to as the "Trustee," and the [Beneficiary's Name] of the trust established by the original trust deed, hereinafter referred to as the "Beneficiary"
II. Background:
Whereas, the Trustee is responsible for managing the assets and affairs of the trust established under the original trust deed dated [Insert Original Trust Deed Date].
Whereas, the Beneficiary have a vested interest in the assets held within the trust and are entitled to certain benefits as outlined in the original trust deed.
III. Purpose:
The purpose of this Supplemental Trust Deed is to formally document the addition or removal of assets from the trust, as agreed upon by the Trustee and the Beneficiary.
IV. Amendment:
The following table outlines the addition and removal of assets from the trust:
Action | Description of Assets | Value |
|---|
Addition of Assets | [List of assets being added] | [Total value] |
Removal of Assets | [List of assets being removed] | [Total value] |
V. Conditions:
The addition of assets to the trust shall not alter the fundamental purpose or structure of the trust as outlined in the original trust deed.
The removal of assets from the trust shall be conducted in accordance with the provisions set forth in the original trust deed and applicable laws.
VI. Signatures
Name: [Your Name]
Date:
Name: [Beneficiary's Name]
Date:
VII. Notarization:
State of [State], County of [County]
On this [Date], before me, a Notary Public in and for said county and state, personally appeared [Your Name] and [Beneficiary's Name], known to me to be the persons whose names are subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
[NOTARY PUBLIC]
Date:
My commission expires:
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