Put simply, "minutes" is the word used to describe a written record of a decision. This is different from an agreement because it's a record of an internal decision made by the directors of a company or trustee, rather than an agreement they have reached with a third party.
A "resolution" is another way of saying a determination or affirmative commitment to do something, as in "the Trust resolves to do blah blah blah..."
The trustees of a trust should record minutes of their meetings including any resolutions that are passed. Every trust must take minutes of meetings at least once a year. It’s not only a part of good corporate governance, it’s a legal requirement.
