Document background
A Declaration of Trust Joint Tenancy is a specialized legal instrument used in the Philippines when multiple parties wish to establish both a trust arrangement and a joint tenancy with right of survivorship. This document is particularly useful in family estate planning, property co-ownership arrangements, and investment structures where parties want to combine the benefits of trust management with joint ownership rights. The document must comply with Philippine Civil Code requirements and trust laws, making it essential for property holdings, family wealth management, and business arrangements. It typically includes detailed provisions about property management, survivorship rights, trustee powers, and beneficiary interests. This type of agreement is commonly used when parties want to ensure smooth property transition upon death while maintaining professional management through trustees.
