Download Example Anguilla International Trust Agreement
Index
1. Interpretation 4
2. Governing law and power to change it 5
3. Power to add and remove Beneficiaries;
Settlors’ testamentary powers; 6
4. Power to add Excluded Person 6
5. Power to change the Vesting Day 7
6. Trust for sale 7
7. Power to receive additions to the Trust Fund 7
8. Discretionary power of appointment 7
9. Power to apply capital 8
10. Applications and accumulation of income 8
11. Trusts on Vesting Day 8
12. Events of duress 9
13. Payment to minors 9
14. Trustees’ powers of investment 10
15. Trustees’ general powers 10
16. Trustees’ powers in relation to land and buildings 16
17. Apportionment of income 16
18. Trustees’ dealings with third parties 16
19. Trustees’ charges 16
20. Trustees interested in companies 17
21. Trustees’ indemnity 17
22. Trustees’ involvement in managing subsidiary companies 17
23. Trustees not required to give security 18
24. Trustees’ discretion uncontrolled 18
25. Power to release and to add powers 18
26. How Corporate Trustees may act 19
27. Delegation by Trustees 19
28. Appointment, retirement and removal of Trustees 19
29. Protector’s powers 20
30. No benefit for Excluded Persons 21
31. Settlement irrevocable 21