Note: In this sample trust deed the "Settlor" is the person setting up the trust and the. "Trustee" is the person who will administer the trust property.Designate a trustee to hold the land title. First, you'll need to prepare and sign a new deed for the property. You'll usually need a grant form or quit claim form to transfer the deed. The new owner's name. During the time when a vacancy is yet to be filled up, the remaining. Trustees shall act as "Full Board", subject to the presence of Quorum in the meetings. This document outlines the terms of a model public charitable trust deed. It establishes the settlor, trustees, name and location of the trust.