The Irrevocable Trust Agreement Template is a crucial legal document used in Australia when establishing permanent trust arrangements for asset protection, estate planning, or wealth management purposes. This template is specifically designed to comply with Australian trust law, tax legislation, and regulatory requirements across all states and territories. It is utilized when parties wish to create a trust structure that cannot be modified or revoked once established, providing certainty and security for beneficiaries. The document comprehensively covers trust formation, asset transfer, trustee appointments, beneficiary rights, distribution mechanisms, and administrative procedures. It is particularly relevant for high-net-worth individuals, family businesses, and organizations seeking to establish long-term asset protection or succession planning structures. The template includes provisions that address specific Australian legal requirements, including those under the Trustees Act and relevant state legislation.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies and defines all parties to the trust including Settlor, Trustee(s), and Beneficiaries
2. Background: Outlines the context and purpose for establishing the trust
3. Definitions: Defines key terms used throughout the agreement
4. Trust Establishment: Declares the creation of the trust, its name, and irrevocable nature
5. Trust Property: Details the initial trust property and provisions for additional contributions
6. Trustee Powers and Duties: Comprehensive listing of trustee authorities, responsibilities, and limitations
7. Distribution Provisions: Rules and guidelines for distributing trust income and capital
8. Beneficiary Rights and Interests: Defines the rights, interests, and entitlements of beneficiaries
9. Trust Administration: Procedures for managing the trust, including investment powers and reporting requirements
10. Trustee Succession: Provisions for appointment, retirement, and replacement of trustees
11. Trust Duration and Termination: Specifies the trust's duration and circumstances for termination
12. Governing Law and Jurisdiction: Specifies Australian law as governing law and relevant jurisdiction
13. Execution: Formal execution provisions and signing requirements
1. Perpetuity Period: Required when the trust may extend for multiple generations, addressing rule against perpetuities
2. Foreign Beneficiary Provisions: Include when beneficiaries may include non-Australian residents
3. Corporate Trustee Provisions: Required when allowing or specifically appointing corporate trustees
4. Professional Advisor Provisions: Include when specific requirements exist for engaging professional advisors
5. Minor Beneficiary Provisions: Required when beneficiaries include or may include minors
6. Conflict Resolution: Include detailed dispute resolution procedures for complex family or business trusts
7. Investment Strategy Guidelines: Required for trusts with significant investment components
8. Tax Planning Provisions: Include specific tax optimization strategies where relevant
9. Disability Provisions: Required when beneficiaries include or may include disabled persons
1. Schedule A - Initial Trust Property: Detailed inventory of all assets initially settled in the trust
2. Schedule B - Beneficiary Details: Complete list of beneficiaries and their respective entitlements or classes
3. Schedule C - Trustee Remuneration: Details of trustee compensation and expense reimbursement
4. Schedule D - Investment Powers: Specific investment powers and restrictions
5. Schedule E - Distribution Rules: Detailed rules and formulas for trust distributions
6. Appendix 1 - Trustee Certificate: Formal acknowledgment of trustee appointment and duties
7. Appendix 2 - Settlor's Letter of Wishes: Non-binding guidance from settlor regarding trust administration
8. Appendix 3 - Compliance Checklist: Regulatory and administrative compliance requirements
Find the exact document you need
Sub Trust Agreement
An Australian legal document establishing a subordinate trust structure, defining its governance, beneficiary rights, and operational framework under Australian law.
Download
Bearer Trust Agreement
An Australian law-governed agreement establishing a trust structure with transferable bearer instruments, defining rights, obligations, and administrative procedures.
Download
Bare Trust And Agency Agreement
An Australian law agreement establishing a bare trust where a trustee holds legal title to assets while acting as agent for the beneficiary who maintains beneficial ownership and control.
Download
Termination Of Trust Agreement
An Australian law-governed agreement that formally terminates a trust arrangement and outlines the process for asset distribution and trustee discharge.
Download
Lifetime Occupancy Agreement
An Australian law-governed agreement establishing lifetime occupancy rights for a resident, typically used in retirement villages and similar residential settings.
Download
Deed Of Ratification Trust Deed
An Australian legal document used to formally confirm and validate previous trust actions or arrangements, ensuring their legal effectiveness under Australian trust law.
Download
Trust Management Agreement
An Australian law-governed agreement establishing the terms and conditions for professional trust management services, including scope, responsibilities, and regulatory compliance requirements.
Download
Real Estate Trust Agreement
An Australian law-governed agreement establishing a trust structure for real estate assets, defining trustee obligations and beneficiary rights.
Download
Joint Tenancy Trust Agreement
An Australian legal agreement establishing a trust arrangement for property held in joint tenancy, combining trust law with joint ownership principles.
Download
Constructive Trust Agreement
An Australian legal document that formalizes a constructive trust arrangement, defining the rights and obligations of trustees and beneficiaries under Australian law.
Download
Simple Trust Agreement
An Australian legal document establishing a trust relationship between trustees and beneficiaries, setting out key terms for trust management and asset distribution.
Download
Revocable Declaration Of Trust
An Australian legal document establishing a revocable trust arrangement where the settlor maintains control while holding assets for beneficiaries.
Download
Liquidating Trust Agreement
An Australian legal document establishing a trust structure for the orderly liquidation and distribution of assets, compliant with local trust and corporate laws.
Download
Indemnity Deed Of Trust
An Australian legal document establishing a trust structure with indemnity provisions, governed by Australian trust law, protecting trustees and defining trust administration framework.
Download
Formal Trust Agreement
An Australian law-governed agreement establishing a trust structure, defining trustee powers, beneficiary rights, and trust property management rules.
Download
Beneficial Trust Agreement
An Australian legal document establishing a trust arrangement where trustees manage assets for specified beneficiaries, governed by Australian trust law.
Download
Trustee Release And Indemnification Agreement
An Australian law-governed agreement that releases trustees from liability and provides indemnification for their trust-related actions and decisions.
Download
Private Trust Agreement
An Australian legal document establishing a private trust arrangement, defining trustee powers and beneficiary rights under Australian trust law.
Download
Construction Deed Of Trust
An Australian legal document establishing a trust structure for construction project delivery, combining trust law with construction contract principles.
Download
Contractual Trust Agreement
An Australian law-governed agreement establishing a contractual trust structure for asset management and wealth preservation, combining trust and contract law principles.
Download
Trust Account Agreement
An Australian-law governed agreement establishing the terms and conditions for operating a trust account between a financial institution and trustee, including regulatory compliance requirements.
Download
Blind Trust Agreement
An Australian-law governed agreement establishing a blind trust structure where assets are managed independently without the settlor's knowledge or input of investment decisions.
Download
Vehicle Trust Agreement
An Australian legal document establishing a trust arrangement for vehicle ownership and management, governed by Australian trust law and vehicle regulations.
Download
Irrevocable Trust Agreement
An Australian-law compliant template for establishing an irrevocable trust, defining asset transfer, trust management, and beneficiary rights.
Download
Land Trust Agreement
An Australian legal document establishing and governing land held in trust, defining trustee powers, beneficiary rights, and land management requirements under Australian law.
Download
Irrevocable Agreement
An Australian law-governed Irrevocable Agreement establishing permanent, binding commitments between parties that cannot be unilaterally revoked.
Download
Declaration Of Trust For Shares
An Australian legal document establishing a trust arrangement where shares are held by a trustee for beneficiaries, compliant with federal and state trust laws.
Download
Family Trust Agreement
An Australian law-governed agreement establishing a family trust structure for asset management, wealth preservation, and succession planning.
Download
Declaration Of Trust
An Australian legal document establishing a trust relationship between trustees and beneficiaries, defining asset management and distribution terms under Australian trust law.
Download
Trust Fund Agreement
An Australian-law governed agreement establishing a trust fund, setting out terms for asset management, beneficiary interests, and trustee duties.
Download
Loan Receipt Agreement
An Australian-compliant legal document acknowledging loan receipt and establishing loan terms and conditions between lender and borrower.
Download
Trust Settlement Agreement
An Australian law-governed agreement establishing a trust arrangement, defining the relationships, rights, and obligations between settlor, trustee(s), and beneficiaries.
Download
Amended And Restated Trust Agreement
An Australian legal document that consolidates and updates an existing trust deed, incorporating all amendments into a single, comprehensive agreement.
Download
Addendum To Trust Agreement
An Australian law-compliant document that formally modifies an existing trust agreement, enabling legal updates to trust provisions while maintaining the original deed's validity.
Download
Assignment Deed Of Trust
An Australian legal document facilitating the transfer of trust rights, obligations, and assets from one trustee to another, ensuring compliance with federal and state trust laws.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)