trust deed
Noun
Meaning
trust deed (plural trust deeds)
(law) A deed conveying property to a trustee, for some specific use.
Synonyms
Hypernyms
Examples
In these cases this will be achieved by signing a trust instrument, which will either be a will or a trust deed.
In vested trusts, the benefits of the beneficiaries are set out in the trust deed, whereas in discretionary trusts the trustees have full discretion at all times as to how much and when each beneficiary is to benefit.
This person is usually mentioned in the trust deed.