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Revocable Trust for Single Individual (Pot Trust for Children with Sprinkling Provisio
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Revocable trust template for a single individual with a pot trust for children with sprinkling provisions.
[Name of trust, if desired] DECLARATION OF TRUST
Revocable Trust for Single Individual
Creation of Trust.
Declaration. [Name of trustee(s)] of [city], California (the "trustee") hereby declares that [he has or she has] received certain property (the "trust estate") from [name of settlor, e.g., himself or herself, as settlor] (the "settlor"), and holds that property in trust, to be held, administered, and distributed according to the terms of this instrument.
Name of Trust. The name of the trust created by this instrument shall be the [name of trust].
Effective Date. This agreement shall be effective [on the date it is executed by the parties or immediately upon execution by all the parties or specify another effective date].
Marital Status. The settlor is not currently married.
Identification of Living Child(ren). The settlor has [number] living [child or children], whose name[s] and date[s] of birth [is or are] as follows:
[name of child 1, who was born on Month Day, 20_____]
[name of child 2, who was born on Month Day, 20_____]
[name of child 3, who was born on Month Day, 20_____]
No Deceased Children. The settlor has no deceased children.
Trust Estate.
Definition of Trust Estate. All property subject to this instrument from time to time is referred to as the "trust estate" and shall be held, administered, and distributed as provided in this instrument. The trustee shall hold, administer, and distribute the property described in Schedule A, any other property that may be hereafter subject to this trust, and the income and proceeds attributable to all such property, in accordance with the provisions of this instrument.
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Revocable Trust for Single Individual (Pot Trust for Children with Sprinkling Provisio
Corporate Agreements -- US - General