Declaration of Trust by a Nominee

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Description:

This is a Declaration of Trust by a nominee to a beneficiary in respect of share(s) held by the nominee on behalf of the beneficiary. It is to be executed as a deed.

The Nominee declares that the X ordinary share of Y in the capital of [COMPANY] and now registered or about to be registered in the beneficiary's name and has been held by him/her in trust for the beneficiary and that he/she has no beneficial interest in the Share(s).

The Nominee declares to undertake to transfer the shares and to exercise other rights and powers as the beneficiary directs. The Nominee also appoints the beneficiary to be an attorney to execute and act regarding the Shares.

 

How to use this Document?

 

The Nominee should sign the Declaration of Trust.

This Declaration of Trust should be carefully read by both parties.

The shares, the currency and the company should all be clearly stated in the Declaration of Trust.

 

How to Tailor the Document for Your Need?

 

1. Create Document: Click the “Create Document” button and fill in the details of the parties. You can click the “Fill with Member’s Information” button to complete the party’s information with your personal or business information saved to your account.

2. Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the “Next” button.

3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format.

4. Please get all parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document. Each party should have a copy of the executed document.

Document Type:

Deed /poa / authorisation / agency / escrow

Category:

Business > Corporate > Board Resolution / Board Meeting / Committee Minutes

 
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