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Estate Planning Trusts Declaration of Living Trust
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DECLARATION OF LIVING TRUST This declaration of trust is made on ___________________ (Date), by ___________ ____________________________ ("Trustee") in favor of ______________________ ___________________ ("Beneficiary"). The Trustee solemnly declares that he or she holds: ____________________________ ______________________________________________________________________ ("Property") in trust solely for the benefit of said Beneficiary. The Trustee further promises the Beneficiary: (a) -Not to deal with the Property in any way, except to transfer it to the Beneficiary, without the authorization of the Beneficiary; and, (b) -To account to the Beneficiary for any money received by the Trustee, other than from Beneficiary, in connection with holding said Property. Signed in the presence of: ____________________________ ______________________________ _______________________________ Witness Trustee
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posted:
11/13/2007
language:
English
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