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Bare Trust Deed Editor

Fill in the details below to generate your customised UK bare trust deed

📋 Trust Type ? A bare trust (also called a simple trust or naked trust) is where the trustee holds assets for a beneficiary who has the absolute right to the trust property.

Select the primary type of asset being placed into trust.
About Bare Trusts: In a bare trust, the beneficiary has absolute entitlement to both the capital and income. The trustee acts as bare trustee with functions limited to holding legal title and transferring it when lawfully required.

📅 Trust Details

? An optional name to identify this trust for administrative purposes. If left blank, it will be referred to as "The [Beneficiary Name] Bare Trust".

👤 Settlor Details ? The Settlor is the person who creates the trust and transfers the property into it. This is often a parent or grandparent.

🤝 Trustee Details ? The Trustee holds the legal title to the trust property on behalf of the beneficiary. In a bare trust, the trustee's role is purely administrative. You can add multiple trustees if required.

Trustee 1

Note: The Settlor and Trustee can be the same person. This is common when a parent creates a bare trust for their child and acts as trustee until the child reaches 18. Multiple trustees typically act jointly and unanimously.

🎁 Beneficiary Details ? The Beneficiary is the person who is absolutely entitled to the trust property. In a bare trust, they can demand the property be transferred to them at any time once they reach age 18. You can add multiple beneficiaries if required.

Beneficiary 1

Important for determining when the beneficiary can demand trust property
? This can be relevant for tax purposes. Different rules may apply for parent-child trusts.
Note: Multiple beneficiaries will be beneficially entitled to the trust property in equal shares.

🏠 Trust Property

Land Registry title number if the property is registered
Full legal description of the property

⚖️ Trustee Powers ? While a bare trustee has limited duties, certain administrative powers are still necessary for managing the trust property.

? Hold Only: Trustees hold the trust funds and do not invest (safest for bare trusts). Invest on Direction: Trustees may invest, but only if directed by adult beneficiaries.
? Allows the trustee to appoint agents or advisers to assist with trust administration.
? Allows the trustee to insure trust property against loss or damage.
? Allows the trustee to carry out necessary repairs and maintenance on trust property.

📝 Additional Provisions

? Professional trustees typically charge fees. Family member trustees often act without remuneration.
? Protects the trustee from personal liability for trust expenses and liabilities properly incurred.
Include any specific requirements not covered by standard provisions

🏛️ Governing Law

Important: This deed is designed for use under English law. Different rules apply in Scotland (which has a different trust law system). If the trust property is located in Scotland or the parties are Scottish-domiciled, seek specialist advice.

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