Draft a specimen Deed of Revocation of a Trust.
CS Professional · Drafting, Pleadings and Appearances · PYQS · June 2022
Draft a specimen Deed of Revocation of a Trust.
Answer & Explanation:
A Specimen Deed of Revocation of a Trust THIS DEED is made on the ............ day of ............ by A.B. etc. (hereinafter called 'the Settlor') of the one part AND C.D. etc. (hereinafter called 'the Trustee') of the other part. WHEREAS by a deed of trust dated ............ the Settlor transferred him property specified therein to the Trustee upon trust to sell the same and with the proceeds of the sale to pay the debts due from the Settlor to the several creditors named in the said deed; AND WHEREAS the trust created as aforesaid has not yet been communicated to any of the aforesaid creditors; AND WHEREAS the Settlor now desires to revoke the said trust and to make other arrangements for the discharge of his aforesaid debts. NOW THIS DEED WITNESSES that the Settlor hereby revokes the trust created by the aforesaid deed of trust. IN WITNESS WHEREOF parties have signed this deed on the ............ day of ............ Signed by ............ In the presence of ............ and of ............
Topics: Drafting of Deeds
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