A Declaration of Trust is a legal document that sets out the terms of a trust agreement between the trustees and the beneficiaries of a trust. A trust is a legal relationship in which one or more individuals (the trustees) hold assets on behalf of one or more beneficiaries.

A Declaration of Trust sets out the terms of the trust, including the purpose of the trust, the powers and duties of the trustees, and the rights and obligations of the beneficiaries. It may also include provisions for the appointment and removal of trustees, the management of the trust assets, and the distribution of trust income and capital.

Declarations of Trust are commonly used in a variety of contexts, including property ownership, estate planning, and charitable giving. They are an important tool for establishing and managing trusts, and it is important for trustees and beneficiaries to understand the terms of a Declaration of Trust and to adhere to its provisions.