EX-99.I 5 ex14.txt LEGAL OPINION November 1, 2001 John Hancock Declaration Trust (the "Trust") on behalf of John Hancock V.A. Strategic Income Fund and John Hancock V.A. Financial Industries Fund (the "Funds") 101 Huntington Avenue Boston, MA 02199 Ladies and Gentlemen: In connection with the filing of a registration statement under the Securities Act of 1933, as amended (the "Act"), on Form N-14, with respect to the shares of beneficial interest of John Hancock V.A. Strategic Income Fund and John Hancock V.A. Financial Industries Fund (the "Funds"), each a series of John Hancock Declaration Trust (the "Trust"), a Massachusetts business trust, it is the opinion of the undersigned that these shares when issued, will be legally issued, fully paid and non-assessable. In connection with this opinion it should be noted that the Trust is an entity of the type generally known as a "Massachusetts business trust." Under Massachusetts law, shareholders of a Massachusetts business trust may be held personally liable for the obligations of the trust. However, the Trust's Declaration of Trust disclaims shareholder liability for obligations of the Trust and indemnifies any shareholder of the Funds, with this indemnification to be paid solely out of the assets of the Fund. Therefore, the shareholder's risk is limited to circumstances in which the assets of the Funds are insufficient to meet the obligations asserted against the Funds' assets. The undersigned hereby consents to the filing of a copy of this opinion as an exhibit to the Trust's registration statement on Form N-14 and with the Securities and Exchange Commission. Sincerely, /s/Brian E. Langenfeld ---------------------- Brian E. Langenfeld Attorney and Assistant Secretary John Hancock Advisers, Inc.