ContractDeeds Loan Agreement • March 25th, 2021
SUPPLEMENTARY DEEDS LOAN AGREEMENT BETWEEN SETTLOR/DONOR/GRANTEE AND TRUSTEES IMPORTANT NOTES – before completing the Loan Agreement between Settlor/Donor/Grantee to Trustees, please read the following notes. 1. This documentation has been produced for consideration by you and your legal advisers. The legal and any tax effects of the Loan Agreement will depend on your individual circumstances and CLIA(I) (as defined in Clause 4.3 of Part B of this Agreement) and its advisers accept no responsibility for ensuring that the Loan Agreement meets your requirements.2. Under this Loan Agreement you (the Lender being the Settlor/Donor/Grantee of the Declaration of Trust) lend to the Trustees of your Trust on an interest free basis. The amount loaned is repayable on your demand. Please note that this Loan Agreement cannot pre-date the date of your Trust. The Trustees should include at least one person who is not the Lender.3. The Lender should be aware of the potential tax implications of both
