Establishing secure connection…Loading editor…Preparing document…

Agreement of Transfer of Trust

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

Management Agreement

This Agreement is made as of , , between , a New York common law trust ("Managers Trust"), and , a New York corporation ("Manager").

WITNESSETH:

WHEREAS, Managers Trust is registered under the Investment Company Act of 1940, as amended ("1940 Act"), as an open-end, diversified management investment company and has established several separate series of shares ("Series"), with each Series having its own assets and investment policies; and

WHEREAS, Managers Trust desires to retain the Manager as investment adviser to furnish investment advisory and portfolio management services to each Series listed in Schedule A attached hereto, to such other Series of Managers Trust hereinafter established as agreed to from time to time by the parties, evidenced by an addendum to Schedule A (hereinafter "Series" shall refer to each Series which is subject to this Agreement and all agreements and actions described herein to be made or taken by Managers Trust on behalf of the Series), and the Manager is willing to furnish such services;

NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, it is agreed between the parties hereto as follows:

1. SERVICES OF THE MANAGER.

1.1 Investment Management Services. The Manager shall act as the investment adviser to the Series and, as such, shall provide investment research, determine securities transactions, and implement those decisions in accordance with applicable law and the Series' investment objective, policies and restrictions.

The Series hereby authorizes any entity or person associated with the Manager which is a member of a national securities exchange to effect any transaction on the exchange for the account of the Series which is permitted by Section 11(a) of the Securities Exchange Act of 1934 and Rule 11a2-2(T) thereunder, and the Series hereby consents to the retention of compensation for such transactions in accordance with the law.

The Manager shall carry out its duties with respect to the Series' investments in accordance with applicable law and the investment objective, policies and restrictions of the Series adopted by the trustees of Managers Trust ("Trustees"), and subject to such further limitations as the Series may from time to time impose by written notice to the Manager.

1.2 Administrative Services. The Manager shall supervise the Series' business and affairs and shall provide such services required for effective administration of the Series as are not provided by employees or other agents engaged by the Series.

1.2.1 Office Space, Equipment and Facilities. Furnish without cost to the Series, or pay the cost of, such office space, office equipment and office facilities as are adequate for the Series' needs.

1.2.2 Personnel. Provide the services of individuals competent to perform all executive, administrative and clerical functions not otherwise performed by the Series or Manager under separate arrangement.

1.2.3 Agents. Assist the Series in selecting and coordinating the activities of other agents engaged by the Series.

1.2.4 Trustees and Officers. Authorize and permit the Manager's directors, officers and employees who may be elected or appointed as trustees or officers of Managers Trust to serve in such capacities.

1.2.5 Books and Records. Ensure that all financial, accounting and other records required to be maintained and preserved are maintained and preserved in accordance with applicable laws and regulations.

1.2.6 Reports and Filings. Assist in the preparation of periodic reports and filings required to maintain the registration and qualification of the Series, or to meet other regulatory or tax requirements.

2. EXPENSES OF THE SERIES.

2.1 Expenses to Be Paid by the Manager. The Manager shall pay all salaries, expenses and fees of officers, trustees and employees of the Managers Trust who are officers, directors or employees of the Manager.

2.2 Expenses to Be Paid by the Series. Each Series shall bear all expenses of its operation, except those specifically allocated to the Manager under this Agreement or under any separate agreement between a Series and the Manager.

2.2.1 Custody. All charges of depositories, custodians, and other agents for transfer, receipt, safekeeping, and servicing of cash, securities, and other property.

2.2.2 Interestholder Servicing. All expenses of maintaining and servicing Interestholder accounts.

2.2.3 Interestholder Reports. All expenses of preparing, setting in type, printing and distributing reports and other communications to Interestholders.

2.2.4 Pricing and Portfolio Valuation. All expenses of computing a Series' net asset value per share.

2.2.5 Communications. All charges for equipment or services used for communications between the Manager or the Series and any custodian or other agent.

2.2.6 Legal and Accounting Fees. All charges for services and expenses of a Series' legal counsel and independent auditors.

2.2.7 Trustees' Fees and Expenses. All compensation of Trustees other than those affiliated with the Manager, and related meeting expenses.

2.2.8 Interestholder Meetings. All expenses incidental to holding meetings of Interestholders, including proxy materials.

2.2.9 Bonding and Insurance. All expenses of bond, liability, and other insurance coverage required by law or deemed advisable by the Trustees.

2.2.10 Brokerage Commissions. All brokers' commissions and other charges incident to the purchase, sale or lending of a Series' portfolio securities.

2.2.11 Taxes. All taxes or governmental fees payable with respect to a Series.

2.2.12 Trade Association Fees. All fees, dues and other expenses incurred in connection with a Series' membership in any trade association or other investment organization.

2.2.13 Nonrecurring and Extraordinary Expenses. Such nonrecurring and extraordinary expenses as may arise.

3. ADVISORY FEE.

3.1 Fee. As compensation for all services rendered, facilities provided and expenses paid or assumed by the Manager under this Agreement, each Series shall pay the Manager an annual fee as set out in Schedule B to this Agreement.

3.2 Computation and Payment of Fee. The advisory fee shall accrue on each calendar day and shall be payable monthly on the first business day of the next succeeding calendar month.

3.3 State Expense Limitation. If in any fiscal year the operating expenses of any Interestholder exceed the State Expense Limitation, then the Manager shall pay such Interestholder the amount of such excess, subject to the conditions described in this Agreement.

4. OWNERSHIP OF RECORDS. All records required to be maintained and preserved by the Series pursuant to the provisions or rules or regulations of the SEC under Section 31(a) of the 1940 Act and maintained and preserved by the Manager on behalf of the Series are the property of the Series and shall be surrendered by the Manager promptly on request.

5. REPORTS TO MANAGER. The Series shall furnish or otherwise make available to the Manager such copies of financial statements, proxy statements, reports, and other information relating to its business and affairs as the Manager may reasonably require.

6. REPORTS TO THE SERIES. The Manager shall prepare and furnish to the Series such reports, statistical data and other information in such form and at such intervals as the Series may reasonably request.

7. RETENTION OF SUB-ADVISER. Subject to required approvals, the Manager may retain a sub-adviser, at the Manager's own cost and expense, for the purpose of making investment recommendations and research information available to the Manager.

8. SERVICES TO OTHER CLIENTS. Nothing herein contained shall limit the freedom of the Manager or any affiliated person to render services to other clients or engage in other business activities.

9. LIMITATION OF LIABILITY OF MANAGER AND ITS PERSONNEL. Neither the Manager nor any director, officer or employee shall be liable for any error of judgment or mistake of law, except as otherwise provided for willful misfeasance, bad faith, gross negligence or reckless disregard of duties.

10. NO LIABILITY OF OTHER SERIES. The obligations created hereby are not binding on any Trustees or Interestholders individually, but bind only the property of that Series and no other.

11. EFFECT OF AGREEMENT. Nothing herein shall require the Series to take any action contrary to its Declaration of Trust, By-Laws, or applicable law, regulation or order.

12. TERM OF AGREEMENT. The term of this Agreement shall begin on the date first above written and remain in effect through September 1996, and thereafter continue from year to year subject to the terms and conditions herein.

13. AMENDMENT OR ASSIGNMENT OF AGREEMENT. Any amendment shall be in writing signed by the parties. This Agreement shall terminate automatically and immediately in the event of its assignment.

14. TERMINATION OF AGREEMENT. This Agreement may be terminated at any time by either party upon sixty (60) days' prior written notice to the other party.

15. NAME OF THE SERIES. If the Manager ceases to serve as investment adviser, the Series shall eliminate from its name the name "Neuberger & Berman" upon request.

16. INTERPRETATION AND DEFINITION OF TERMS. Terms derived from the 1940 Act shall be interpreted by reference to that Act and relevant SEC rules, regulations or orders.

17. CHOICE OF LAW. This Agreement shall be governed by and construed in accordance with the internal laws of the State of New York.

18. CAPTIONS. The captions in this Agreement are included for convenience of reference only.

19. EXECUTION IN COUNTERPARTS. This Agreement may be executed simultaneously in counterparts, each of which shall be deemed an original.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be signed by their respective officers thereunto duly authorized and their respective seals to be hereunto affixed, as of the day and year first above written.

ADVISERS MANAGERS TRUST

Attest:

By

NEUBERGER & BERMAN MANAGEMENT INCORPORATED

Attest:

By

Schedule A

The Series of Advisers Managers Trust currently subject to this Agreement are as follows:

Initial Series

AMT Growth Investments

AMT Partners Investments

AMT Balanced Investments

AMT Government Income Investments

AMT Limited Maturity Bond Investments

AMT Liquid Asset Investments

DATED: ,

Schedule B

Compensation pursuant to Paragraph 3 of the Advisers Managers Trust Management Agreement shall be calculated in accordance with the following schedules:

AMT Growth Investments / AMT Partners Investments / AMT Balanced Investments

0.55% on the first $250 million of average daily net assets

0.525% on the next $250 million of average daily net assets

0.50% on the next $250 million of average daily net assets

0.475% on the next $250 million of average daily net assets

0.450% on the next $500 million of average daily net assets

0.425% on average daily net assets in excess of $1.5 billion

AMT Government Income Investments

0.35% on the first $500 million of average daily net assets

0.325% on the next $500 million of average daily net assets

0.30% on the next $500 million of average daily net assets

0.275% on the next $500 million of average daily net assets

0.25% on average daily net assets in excess of $2 billion

AMT Limited Maturity Bond Investments / AMT Liquid Asset Investments

0.25% on the first $500 million of average daily net assets

0.225% on the next $500 million of average daily net assets

0.20% on the next $500 million of average daily net assets

0.175% on the next $500 million of average daily net assets

0.15% on average daily net assets in excess of $2 billion

DATED: ,

Enter text✕
Prepare your document for signing right on this page
  • 01 Edit the text and complete the fields
  • 02 Click Sign Now and on the next screen add recipients and signature fields in SignNow
  • 03 Start your free trial to sign and send your doc
Sign Now

What the Agreement of Transfer of Trust Is and when it’s used

An Agreement of Transfer of Trust is a legal document used to move beneficial interests, assets, or management responsibilities from one trust to another or from a settlor/grantor to an existing trust. It records the parties, the trust names, the assets affected, consideration (if any), the effective date, and any conditions or representations required by the trusts’ governing instruments. The agreement clarifies title, beneficiary rights, and administrative authority to reduce future disputes and to ensure trustees and recordkeepers can update ledgers, property records, and tax reporting accurately.

Why a clear transfer agreement matters for trustees and beneficiaries

A written Agreement of Transfer of Trust creates a formal record of who transferred what, when, and under what terms, reducing ambiguity for trustees, beneficiaries, and third parties.

Why a clear transfer agreement matters for trustees and beneficiaries

Which parties typically prepare or sign this agreement

Each signer’s role and authority should be documented and reflected in the signature blocks to prevent later challenges.

  • Trustees and successor trustees who must accept or implement the transferred assets and update trust records.
  • Settlors or grantors executing transfers to fund a new or different trust structure.
  • Banks, custody agents, and title companies that require written authorization to change account or title ownership.

Essential parts of a professional Agreement of Transfer of Trust

A complete agreement is modular and explicit: identify trusts and parties, describe assets, state consideration and effective date, list representations and warranties, set trustee duties, and include execution details.

Identifying Information

Full legal names of transferor(s), transferee trust (with trust date and tax ID if applicable), and trustee names to tie parties to existing trust instruments and records.

Description of Assets

Detailed description of each asset (real property legal description, account numbers, securities with CUSIP, or tangible items) so custodians and recorders can apply the change precisely.

Consideration

State monetary amount or description of value exchanged, or specify 'no consideration' if a gratuitous transfer; this affects reporting and possible tax consequences.

Representations and Warranties

Transferor warrants authority and clear title; trustee acceptance clauses confirm the transferee trust will hold and administer assets under its terms.

Effective Date and Conditions

Set the date of transfer and any conditions precedent, such as required consents, delivery of instruments, or cure of encumbrances.

Execution and Acknowledgment

Signature blocks for authorized signers, notarization or witness lines if required by state law, and a provision for attaching conveyance documents or assignments.

Core data fields you must collect and verify

Transferor Name: Full legal name
Transferee Trust: Trust name and date
Trustee Details: Trustee name and contact
Asset Identifier: Account number or legal description
Effective Date: MM/DD/YYYY format
Consideration: Dollar amount or 'none'

Step-by-step: completing an Agreement of Transfer of Trust

Follow these sequential steps to prepare, approve, and finalize a transfer while preserving legal and tax integrity.

  • 01
    Prepare draft: Identify parties, trusts, assets, and effective date.
  • 02
    Obtain consents: Secure beneficiary or co-trustee consents if required by trust instrument.
  • 03
    Verify title: Confirm asset ownership and resolve liens or encumbrances.
  • 04
    Execute and record: Sign, notarize if required, and provide copies to custodians and tax advisors.

How to set up an online transfer workflow

When completing the agreement electronically, configure fields and routing to match required signers and documentation steps.

Field Configuration
Signature Order Sequential or parallel routing to trustees and beneficiaries
Authentication Email plus SMS or knowledge-based checks
Attachments Attach deeds, assignment forms, or account transfer forms
Retention Automated archival and export to PDF/A

Where to send the completed agreement and typical routing

After execution, distribute signed copies to trustees, beneficiaries, custodians, and tax or legal advisors in a controlled order.

  • Trustee: Primary signed copy for trust records and administration
  • Custodian: Provide to banks, brokerages, or title companies holding assets
  • Beneficiaries: Informative copies for beneficiaries and heirs
  • Tax Advisor: Send to CPA for reporting and advice

How electronic execution and distribution are typically handled

Verify the chosen platform complies with ESIGN and UETA requirements and supports any additional state notarization or witness features required for recording.

  • File formats: PDF, DOCX
  • Integrations: CRM, cloud storage, accounting systems
  • Security: TLS and AES encryption

Key timelines and expected processing steps

Some deadlines are statutory or document-driven; others reflect practical timing for custodian acceptance and recording.

Effective Date:

Date chosen in agreement controls transfer timing

Recording Timeline:

Allow 7–30 days for county recording of deeds

Custodian Update:

Banks and brokerages often require 5–15 business days

Tax Reporting:

Reportable changes affect next annual filings

Document Retention:

Keep executed original per retention rules

Common preparation mistakes to avoid

  • Using informal or vague asset descriptions that prevent custodians from identifying the property.
  • Failing to confirm trustee authority or required beneficiary consents before execution.
  • Skipping notarization or witness steps where state law or recording practice requires them.
  • Neglecting to update account titles or record deeds after the agreement is signed.

Risks, penalties, and practical consequences of mistakes

Invalid Transfer: May result in rejection by custodians
Tax Exposure: Misreporting can trigger IRS inquiries
Probate Disputes: Ambiguous transfers increase litigation risk
Recording Delays: Delay in title updates creates ownership uncertainty
Notary Noncompliance: May void recorded instrument
Beneficiary Claims: Claims for breach or unauthorized transfers

Real-world scenarios where a transfer agreement is used

These examples show typical triggers and outcomes when transfers are documented correctly.

Estate Funding

A settlor moves real property into a revocable trust to avoid probate.

  • The trustee executes a deed and attachment.
  • Proper documentation allowed the county recorder to update title and the successor trustee to manage the asset without court involvement, preventing a probate delay.

Custodial Account Transfer

A trustee transfers brokerage assets between trusts after a decanting.

  • Custodian requires transfer form and trustee acceptance.
  • With complete asset identifiers and trustee authority documented, the brokerage re-titled accounts in 10 business days and tax reporting was aligned for the following year.

Practical tips for accurate and efficient completion

Adopt consistent procedures to reduce errors and speed acceptance by custodians and recorders.

Use precise identifiers
Always include account numbers, legal property descriptions, or CUSIP/issuer details so custodians can process transfers without additional verification or delay.
Confirm signing authority
Attach trustee appointment pages or a certified copy of the trust instrument showing the trustee’s authority to transfer assets to avoid rejection.
Match names exactly
Ensure names match trust documents and IDs; mismatches often trigger custodial holds or require affidavits to clear title.
Document consents
When beneficiary or co-trustee consent is required, secure written consent and include it as an exhibit to prevent later disputes.

Key milestones from draft to recorded transfer

A typical timeline lists drafting, consents, execution, custodian processing, and recording as discrete stages to track progress and responsibilities.

01

Draft Preparation

Draft agreement and gather trust instrument excerpts and asset descriptions.

02

Consent and Approval

Obtain required beneficiary or co-trustee approvals before signing.

03

Execution and Notarization

Complete signatures, notarizations, and witness steps as required by state law.

04

Custodian Processing

Submit to banks, brokerages, or title companies for re-titling.

Comparing eSignature options for executing transfer agreements

Select an eSignature provider that supports notarization, audit trails, and the compliance your organization requires; vendor pricing and features vary by plan.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial Varies by vendor Varies by vendor Varies by vendor Varies by vendor
Bulk Send Yes (Premium) Varies by plan Varies by plan Varies by plan Varies by plan
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No
Envelope Cap No cap 100 envelopes/user/year Varies Varies Varies

Frequently asked questions about transfer agreements and e-signing

Answers to common legal, notarization, and electronic signing questions to help avoid processing delays and compliance problems.


Need help? Contact support

Explore Templates

Pest Control Work Order Construction Work Order Form Printing Services Work Order Stop Work Order
be ready to get more
Join over 28 million airSlate SignNow users
Sign Now
Company
Forms
Pricing
Resources
Knowledge base
Other Products
© 2026 airSlate Inc. All rights reserved.