trust deed

简明释义

财产信托证书

英英释义

A trust deed is a legal document that establishes a trust, outlining the terms and conditions under which the trust operates and detailing the rights and responsibilities of the trustee and beneficiaries.

信托契约是一种法律文件,用于建立信托,概述信托运作的条款和条件,并详细说明受托人和受益人的权利和责任。

例句

1.The bank required a trust deed 信托契约 before granting a loan secured by the property.

银行要求在提供以财产担保的贷款之前出具一份信托契约 trust deed

2.Before signing the trust deed 信托契约, make sure you understand all the terms involved.

在签署信托契约 trust deed之前,确保你理解所有相关条款。

3.They created a trust deed 信托契约 to manage their children's inheritance responsibly.

他们创建了一个信托契约 trust deed以负责任地管理孩子们的继承财产。

4.The lawyer explained the importance of the trust deed 信托契约 in estate planning.

律师解释了在遗产规划中信托契约 trust deed的重要性。

5.The trust deed 信托契约 specified how the assets would be distributed after the grantor's death.

信托契约 trust deed规定了在赠与人去世后资产的分配方式。

作文

A trust deed is a legal document that establishes a trust, outlining the terms and conditions under which the trust operates. Trusts are often used in estate planning, allowing individuals to manage their assets during their lifetime and dictate how those assets should be distributed after their death. The creation of a trust deed involves several key components, including the identification of the trustee, the beneficiaries, and the specific assets that will be placed into the trust.The role of the trustee is crucial in a trust deed, as this individual or entity is responsible for managing the trust's assets and ensuring that the terms of the deed are followed. Trustees must act in the best interests of the beneficiaries and adhere to the guidelines set forth in the trust deed. This fiduciary duty requires trustees to be transparent and accountable, making it essential for them to maintain accurate records of all transactions related to the trust.Beneficiaries are the individuals or groups who will receive benefits from the trust, according to the stipulations of the trust deed. These can include family members, charities, or other entities. It is important for the trust deed to clearly define who the beneficiaries are, as well as the extent of their benefits. For instance, some beneficiaries may receive a certain percentage of the trust's income, while others may receive specific assets.One of the primary advantages of establishing a trust deed is the ability to avoid probate, which is the legal process through which a deceased person's estate is administered. Probate can be time-consuming and costly, often leading to delays in asset distribution. By placing assets in a trust via a trust deed, those assets can be transferred directly to the beneficiaries upon the grantor's death, thereby streamlining the process and reducing associated costs.Additionally, a trust deed can provide privacy, as trusts do not typically go through public probate proceedings. This means that the details of the trust, including the assets and beneficiaries, remain confidential. This aspect can be particularly appealing to individuals who wish to keep their financial affairs private.Moreover, a trust deed can also offer protection against creditors. In certain cases, assets held in a trust may be shielded from claims by creditors, depending on the type of trust established and the jurisdiction's laws. This feature can be beneficial for individuals who are concerned about potential lawsuits or financial difficulties.In conclusion, a trust deed serves as a fundamental instrument in estate planning, providing a structured way to manage and distribute assets. By clearly outlining the roles of the trustee and the rights of the beneficiaries, a trust deed helps ensure that an individual's wishes are honored after their passing. Furthermore, the benefits of avoiding probate, maintaining privacy, and protecting assets make the trust deed an invaluable tool for many individuals seeking to secure their legacy and provide for their loved ones. Understanding the intricacies of a trust deed is essential for anyone considering this option in their estate planning process.

信托契约是一个法律文件,用于建立信托,概述信托运作的条款和条件。信托通常用于遗产规划,使个人能够在生前管理他们的资产,并规定这些资产在其去世后应如何分配。创建信托契约涉及几个关键组成部分,包括受托人的确定、受益人以及将被放入信托的特定资产。受托人在信托契约中扮演着至关重要的角色,因为这个个人或实体负责管理信托的资产,并确保遵循契约的条款。受托人必须以受益人的最佳利益为重,并遵守在信托契约中规定的指南。这种信托责任要求受托人保持透明和负责任,因此他们必须准确记录与信托相关的所有交易。受益人是根据信托契约的规定将从信托中获得利益的个人或团体。这些可以包括家庭成员、慈善机构或其他实体。信托契约清楚地定义受益人及其利益的程度是非常重要的。例如,一些受益人可能会获得信托收入的某一百分比,而其他人则可能获得特定资产。建立信托契约的主要优点之一是能够避免遗嘱认证,这是处理已故人士遗产的法律程序。遗嘱认证可能耗时且费用高昂,常常导致资产分配的延误。通过通过信托契约将资产放入信托,这些资产可以在赠予人去世后直接转移给受益人,从而简化流程并减少相关费用。此外,信托契约还可以提供隐私,因为信托通常不会经过公开的遗嘱认证程序。这意味着信托的细节,包括资产和受益人,保持机密。这一方面对希望保留财务事务隐私的个人尤其具有吸引力。此外,信托契约还可以提供针对债权人的保护。在某些情况下,根据信托的类型和管辖区的法律,持有在信托中的资产可能会免受债权人的索赔。这一特性对于担心潜在诉讼或财务困难的个人来说是有利的。总之,信托契约作为遗产规划中的基本工具,提供了一种结构化的方式来管理和分配资产。通过清晰地概述受托人的角色和受益人的权利,信托契约帮助确保个人的愿望在其去世后得到尊重。此外,避免遗嘱认证、保持隐私和保护资产的好处,使得信托契约成为许多希望保障遗产和照顾亲人的个人不可或缺的工具。理解信托契约的复杂性对于任何考虑在其遗产规划过程中使用这一选项的人来说都是至关重要的。