TRUST AGREEMENT 1
TRUST AGREEMENT
This Trust Agreement is made on this [day] day of [month] of [year] Between Grantor and Trustee (hereinafter the “Agreement”)
BETWEEN:
[Grantor name/address] (hereinafter the "Grantor"),
AND:
[Trustee name/address] (hereinafter the "Trustee"),
ARTICLE 1
TRANSFER OF TRUST
Grantor herewith assigns, transfers, and conveys to Trustee the property described in Exhibit A attached hereto and made a part hereof. Trustee hereby acknowledges receipt of such property. This property is hereby designated the Trust Estate, to be held by Trustee in Trust for the purposes and uses and under the terms and conditions set forth in this Agreement.
ARTICLE 2
PROPERTY AND INCOME
Trustee shall administer and manage the Trust Estate and collect the income thereof. After payment of all taxes and assessments and all charges incident to the management of said Trust Estate, Trustee shall apply and dispose of the net income and the principal of the Trust Estate as follows: [List names, addresses, relationship to grantor, and date of birth of all beneficiaries]
NAME
ADDRESS
RELATIONSHIP
DATE OF BIRTH
ARTICLE 3
RIGHTS OF GRANTOR
Grantor shall have the right at any time to add property acceptable to Trustee to the Trust. Upon receipt and acceptance of Trustee, such property shall become part of the Trust Estate. The Grantor shall have the right to change, amend or alter any of the terms or provisions of this Trust Agreement at any time. All changes, amendments or alterations must be written and will not become effective until signed by the Trustee The Grant