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What is a Trust Agreement? A trust agreement is an estate planning document that allows you to transfer ownership of your assets to a third party. In this case, your legal role is ?trustor,? while the other party's role is ?trustee.?

The three most common types of trusts are: living, revocable, and irrevocable. A living trust is one that's created while you're still alive and can be revocable or irrevocable. A revocable living trust can be changed while you're still alive. An irrevocable living trust can't be changed after it's created.

Trust agreement. The legal document that sets up a trust. It is sometimes called a Declaration of Trust; however, the title on the document may simply read "The Jones Family Trust," or something similar. It sets forth the names of the grantor, the trustee, and the beneficiaries.

Make a living trust: A quick checklist List your assets and decide which you'll include in the trust. Gather the paperwork. Decide whether you will be the sole grantor. Choose beneficiaries. Choose a successor trustee. Choose someone to manage property for minor children. Prepare the trust document. Sign and Notarize.

How to register a Private Trust in India ID and Address Proof and the Author's Passport-Sized Photo ID and Address Proof and the Photographs of the Two Trustees. Proof of identity and address, as well as two witnesses' passport-sized photos. The author must sign any document that is not testamentary.

As per section 5 of the Indian Trusts Act, a private Trust in relation to an immovable property must be created by a non-testamentary instrument in writing, signed by the author of the trust or the trustee and registered (under Section 17 of Indian Registration Act).