Revocable Trust for Individual with Spouse or Partner: Basic | Practical Law

Revocable Trust for Individual with Spouse or Partner: Basic | Practical Law

A basic revocable trust agreement (also referred to as a trust instrument or declaration of trust) for an individual who is part of a married or unmarried couple that can be customized for use in any US jurisdiction. This trust agreement provides options for outright distributions to beneficiaries on the settlor's death and does not include continuing trusts. It is suitable for an individual with or without children and contemplates distribution to guardians or custodians on behalf of minor beneficiaries. It does not incorporate planning to minimize estate taxes. This Standard Document has integrated notes with important explanations and drafting tips.

Revocable Trust for Individual with Spouse or Partner: Basic

Practical Law Standard Document w-007-9432 (Approx. 75 pages)

Revocable Trust for Individual with Spouse or Partner: Basic

by Practical Law Trusts & Estates
MaintainedUSA (National/Federal)
A basic revocable trust agreement (also referred to as a trust instrument or declaration of trust) for an individual who is part of a married or unmarried couple that can be customized for use in any US jurisdiction. This trust agreement provides options for outright distributions to beneficiaries on the settlor's death and does not include continuing trusts. It is suitable for an individual with or without children and contemplates distribution to guardians or custodians on behalf of minor beneficiaries. It does not incorporate planning to minimize estate taxes. This Standard Document has integrated notes with important explanations and drafting tips.