This Deed of Religious Trust is made on [insert date], by [insert name of settlor], a resident of [insert address], hereinafter referred to as the "Settlor".
WHEREAS:
The Settlor is desirous of creating a trust for religious and charitable purposes as hereinafter mentioned;
The Settlor has represented to the Trustee that the Settlor is the absolute owner of the property described in Schedule A attached hereto and is fully entitled to dispose of the same as hereinafter provided;
The Settlor has requested [insert name of trustee], a resident of [insert address], to act as trustee of this trust and to receive and hold the trust property upon the trusts hereinafter declared;
The Trustee has agreed to act as trustee of this trust and to receive and hold the trust property upon the trusts hereinafter declared;
NOW THIS DEED OF TRUST WITNESSETH as follows:
TRUST PROPERTY
The Settlor hereby transfers and assigns to the Trustee, the property described in Schedule A attached hereto, to be held upon the trusts and for the purposes hereinafter mentioned.
TRUSTEES
The Trustee shall be [insert name of trustee], and any successor trustee appointed in accordance with the provisions of this Deed.
TRUST PURPOSES
The trust hereby created shall be a religious trust and shall be administered for the purposes of [insert purposes of trust], as determined from time to time by the Trustee in accordance with the religious beliefs and practices of [insert name of religious organization].
POWERS OF TRUSTEE
The Trustee shall have all the powers of an absolute owner with respect to the trust property, and may manage, invest, sell, lease or otherwise deal with the trust property in any manner that the Trustee considers appropriate, provided that such actions are consistent with the purposes of the trust.
APPOINTMENT OF SUCCESSOR TRUSTEE
The Trustee may resign by giving written notice to the Settlor and to any co-trustee or successor trustee. In the event of such resignation, the Settlor shall have the power to appoint a new trustee by written instrument.
AMENDMENT OF TRUST DEED
The Settlor may amend this Deed of Trust by executing a written instrument, provided that such amendment is consistent with the purposes of the trust.
GOVERNING LAW
This Deed of Trust shall be governed by and construed in accordance with the laws of [insert jurisdiction].
IN WITNESS WHEREOF, the Settlor has executed this Deed of Religious Trust as of the date first above written.
SIGNATURE OF SETTLOR SIGNATURE OF WITNESS
[insert name of settlor] [insert name and address of witness]
SCHEDULE A
[insert descripttion of trust property]
SIGNATURE OF TRUSTEES
[insert name and address of trustees]
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