Please do not lose the trust deed! There are many issues that can arise if you lose the signed deed, including re-settlements and the validity of the deed itself.
To avoid losing the deed, do these things:
- After the deed has been signed by the settlor and trustees, scan it and distribute the deed to trusted parties - an accountant, lawyer and of course, the trustee and settlor
- Don't keep all copies of the deed in one place - for example, filed in one location and on a hard drive kept in that same place