Asset Protection Trust

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					This document creates an irrevocable trust with the goal of protecting the trust assets
from creditors or other parties seeking the trust’s assets. An Asset Protection Trust is
made between the Settlor of the Trust and the Trustees. As drafted this document
provides for the assets to be held on a discretionary basis. This document is useful to
individuals seeking to place assets in a trust to avoid taxation and to protect assets in
the event of divorce or bankruptcy.
                          ASSET PROTECTION TRUST

       THIS AGREEMENT made as of the ____ day of ____________, 2______.

BETWEEN:

                       __________________________,
                       an individual residing in the State of ________,

                       hereinafter called the ASettlor@,

                       - and -

                       __________________________, ________________
                       and _______________________
                       of the State of _________, in the Country of _______,

                       hereinafter called the ATrustees@.



        WHEREAS the Settlor intends to establish a Trust to benefit the Beneficiaries and has
entered into this Agreement to document the creation of the Trust, to establish its terms, and to
define the rights and obligations of the Trustees.



PART ONE


CREATION OF THE TRUST

1.1    Name of the Trust. The Trust created by this Agreement is the A______________
       Trust@.

1.2    Settlement of the Trust. The Settlor has settled upon the Trustees, which the Trustees
       acknowledge, ______________________(enter trust property information) (the "Trust
       Property").
 1.3   Acceptance of Trusts. The Trustees accept this trust and the duties in this Agreement.

       Trust Property. The Trust Property includes all property into which the Trust Property
       may be converted and any additions to it.
 1.4   Further Settlement

       (a)     The Settlor may add to the Trust Property by devising, bequeathing, assigning,
               transferring or loaning to the Trustees any property. The Trustees may borrow or
               purchase property from any person. The Trustees may accept contributions of
               property from persons other than the Settlor. All property so acquired pursuant to
               this subparagraph is subject to this Agreement.

       (b)     In subparagraph 1.05 (a) Acontribution@ means any transfer, assignment or other
               disposition of cash, securities or other property to the Trustees, other than by way of
               loan or purchase for full fair market value by the Trustees, and Acontribute@ has
               corresponding meaning;

1.06   Trust is Irrevocable. The Trust in this Agreement is irrevocable by the Settlor. No
       part of the Trust Property settled by the Settlor on the Trustees, or property
       substituted therefore, shall be paid to, loaned to, or benefit, the Settlor and any
       attempt to do so is void. Such property shall be held by the Trustees until Division
       Date, as defined in subparagraph 2.01(h), and then distributed in accordance with
       subparagraph 3.01(d)(ii).

PART TWO



PURPOSE OF THE TRUST


2.01   DEFINITIONS. FOR THE PURPOSE OF THIS TRUST

             (a)   Acapital@ means capital of the Trust Property and Aincome@ means income
                   derived from the Trust Property.

             (b)   Anet annual income@ means all of the income as determined for income tax
                   purposes (including taxable capital gains and deemed dividends arising on
                   the redemption or cancellation of shares), less
            (i)    all expenses payable in respect of the Trust Property or the
                   administration of the Trust, as determined by the Trustees to be
                   chargeable to income,

            (ii)   such other sums as determined by the Trustees to be proper
                   allowances, reserves, deductions, disbursements or payments in
                   accordance with generally accepted accounting principles, and

            (iii) such sum in each year as determined by the Trustees to account
                  for depletion, deterioration or obsolescence, if any, of the Trust
                  Property.

(c)   AIncome Beneficiaries@ mean ____________________________ not
      hereinbefore specifically named (all such children and grandchildren
      hereinafter sometimes referred to as "the children of _____________ ").

(d)   ACapital Beneficiaries@ mean ________________, the persons entitled to
      the Trust Property pursuant to subparagraph 3.01(d)(iii) and the Income
      Beneficiaries.

(e)   ABeneficiaries@    mean    the   Income    Beneficiaries    and   the   Capital
      Beneficiaries.

(f)   APermitted Beneficiaries@ means any person who is the born or unborn
      natural or adopted issue of an Income or Capital Beneficiary hereinbefore
      described; the spouse of any Beneficiary; a trust, all of whose beneficiaries
      are Income or Capital Beneficiary hereinbefore described or a Permitted
      Beneficiary; a corporation controlled by the aforementioned trust, an
      Income or Capital Beneficiary hereinbefore described or a Permitted
      Beneficiary.

(g)   ADetermined by the Trustees@ means decided by the Trustees in the
      exercise of their absolute discretion. When and if there is more than one
      Trustee in office, all questions requiring action by the Trustees shall be
      determined by a majority of the Trustees for the time being in office, or, if
      there are two Trustees in office, by both of the Trustees then in office, and
      the Trustees may act either by a resolution passed by a majority thereof at a
      meeting or by an instrument in writing signed by a majority thereof, or, if
      there are two or fewer Trustees in office, by all of the Trustees then in
      office, and any such decision or act of a majority or all of the Trustees shall,
      for all purposes of this Inter Vivos Trust, be deemed the decision or act of
      the Trustees. Notwithstanding the foregoing, the Trustees may from time to
      time designate certain acts or decisions which may be effectually done or
      taken by one Trustee acting alone and any such decision or act done or taken
      by a sole Trustee in accordance with such designation shall, for all purposes
      of this Inter Vivos Trust, be deemed the decision or act of all of the
      Trustees.

(h)   ADivision Date@ means the date which is seven (7) days prior to the 21st
      anniversary of the settlement of the Trust (the AInitial Division Date@);
      provided, however, that the Trustees may change the Division Date to a date
      that is before or after the Initial Division Date provided such change is
      recorded in writing and affixed to the original copy of this Inter Vivos Trust
      Agreement before the Initial Division Date; and provided further that the
      Division Date may not be changed to a date that offends the rule against
      perpetuities or any other statute of the jurisdiction in which then trust is
      resident at the time; and provided further that if the Trustees fails to
      distribute any Trust Property on the Division Date, each beneficiary will be
      deemed to have received a pro-rata undivided interest in the Trust Property
      and the Trustees will be relieved of any further control over the Trust
      Property.

(i)   ADivestiture Date@ means, in relation to an Income Beneficiary, the day
      prior to the date upon which,

      (i)    other than ___________________, the Income Beneficiary separates
             from his or her spouse and there is no reasonable prospect that they
             will resume cohabitation, or

      (ii)   other than ____________________, the Income Beneficiary or his or
             her spouse is granted a divorce, or

      (iii) other than __________________, the Income Beneficiary=s marriage
            is declared a nullity, or

      (iv) other than __________________, the Income Beneficiary or his or her
           spouse commences an application under the laws of the governing
           jurisdiction applicable therein and as amended from time to time or
           any statute similar to it, or commences any proceeding relating to

             1    the ownership or division of property, or
             2    support obligations, or
             3    custody or any other matter pertaining to any child of their
                  marriage, or
             4    any other matter in the settlement of their affairs, whether or not
                  such proceeding is based upon a resulting trust, constructive trust
                  or any other trust, or
             (v) the Income Beneficiary becomes a bankrupt or is deemed by law to
                  have become a bankrupt, or

             (vi) the Income Beneficiary transfers or encumbers his or her income or
                  other interest in the Trust Property, without the prior written consent of
                  the Trustees. For this purpose the Trustees may give or withhold such
                  consent as determined by the Trustees, or

      (vii) the Income Beneficiary has done any act or allowed any act to be done
            whereby his or her income or other interest in the Trust Property would
            become vested in or be payable to some other person, without the prior written
            consent of the Trustees. For this purpose the Trustees may give or withhold
            such consent as determined by the Trustees, or

      (viii) the Income Beneficiary is declared by a court of competent jurisdiction to be
             mentally incompetent or incapable of managing his or her affairs.

(j)   ADivestiture Date@ means, in relation to a Capital Beneficiary, the day prior to date
      upon which,

      (i)     the Capital Beneficiary becomes a bankrupt or is deemed by law to have
              become bankrupt, or

      (ii)    the Capital Beneficiary transfers or encumbers his or her capital interest in the
              Trust Property, without the prior written consent of the Trustees. For this
              purpose the Trustees may give or withhold such consent as determined by the
              Trustees, or

      (iii) the Capital Beneficiary is declared by a court of competent jurisdiction to be
            mentally incompetent or incapable of managing his or her affairs.

(k)   The ADivestiture Period@ means, in relation to an Income Beneficiary, the period of
      time commencing upon the Divestiture Date and continuing until one or more of the
      following events occur

      (i)      all claims of the Income Beneficiary=s spouse or former spouse to the Trust
               Property, pursuant to any application or proceeding referred to in
               subparagraph 2.01(j) have lapsed, become void, or become unenforceable, or

      (ii)     the Income Beneficiary ceases to be bankrupt, or

      (iii)    the transfer or encumbrance of the Income Beneficiary=s interest in the Trust
               Property made without the prior written consent of the Trustees has become
               void or unenforceable, or
      (iv)   the act done or allowed by the Income Beneficiary whereby such Income
             Beneficiary=s interest in the Trust Property would become vested in or be
             payable to some other person, without the prior written consent of the
             Trustees has become void or unenforceable, or

      (v)    the Income Beneficiary is declared by a court of competent jurisdiction to no
             longer be mentally incompetent or incapable of managing his or her affairs.

(l)   The ADivestiture Period@ means, in relation to a Capital Beneficiary, the period
      time commencing upon the Divestiture Date and continuing until one or more of the
      following events occur

        (i) the Capital beneficiary ceases to be a bankrupt, or

       (ii) the transfer or encumbrance of the Capital Beneficiary=s interest in the Trust
            Property made without the prior written consent of the Trustees has become
            void or unenforceable, or

      (iii) the Capital Beneficiary is declared by a court of competent jurisdiction to no
            longer be mentally incompetent or incapable or managing his or her affairs.

(m) Despite anything else in this Agreement, the Divestiture Period terminates on the
     day prior to the Division Date.

2.02 Purposes. The Trustees shall hold the Trust Property in trust until the Division
Date for the following purposes:

      (a)    The Trustees shall invest the Trust Property and keep it invested.

      (b)    The Trustees shall deal with the income in accordance with paragraph
             3.01 (a).

      (c)    The Trustees shall deal with the capital in accordance with paragraph
             3.01 (b).
PART THREE


DEALING WITH THE TRUST PROPERTY


3.01
       (a)   Income. Until the Division Date the Trustees may pay, or transfer, or make
             payable any amount of the net annual income to or for the benefit of any one
             or more of the Income Beneficiaries then alive at such times, in such
             proportions, in such manner as determined by the Trustees. In so doing, the
             Trustees may exclude any one or more of the Beneficiaries. The Trustees
             shall accumulate the net annual income not so paid, transferred, or made
             payable and add it to the capital. Such accumulation shall not continue
             beyond the Division Date.

       (b)   Capital. Until the Division Date the Trustees may, subject to paragraph
             1.06, pay, or transfer or make payable any of the capital, to or for the benefit
             of any one or more of the Capital Beneficiaries at such times, in such
             proportions, and in such manner as determined by the Trustees.

       (c)   Even Hand Rules. The Trustees need not maintain an even hand between
             Income Beneficiaries and the Capital Beneficiaries.

       (d)   Division. On the Division Date the Trustees shall pay or transfer the Trust
             Property to or for the benefit of the Income Beneficiaries and the Capital
             Beneficiaries as follows:

             (1)   the capital shall, subject to subparagraphs 3.01 (d)(ii) and (iii), be paid
                   to or for the benefit of any one or more of the Capital Beneficiaries
                   then alive in such proportions and in such manner as determined by
                   the Trustees. In so doing, the Trustees may exclude any one or more
                   of the Capital Beneficiaries;

             (2)   the property referred to in paragraph 1.06 shall be paid to the Income
                   Beneficiaries then alive in equal proportions, otherwise in accordance
                   with 3.01 (d)(iii); or,

             (3)    if all of the Beneficiaries are deceased, the capital shall be paid to or
                   for the benefit of those persons entitled to share upon the death of
                   _________________ and the children of ______________ and
                   _____________, in the residue of the estate of the survivor of
             ______________ and _____________ as set out in the last will and
             testament of the survivor of _____________ and _____________ .

(e)   Exclusion of Beneficiaries by Trustees. At any time the Trustees may
      declare in writing (such writing to be affixed to the original copy of this
      Inter Vivos Trust Agreement) that any person is excluded as a Beneficiary
      of the Trust, whereupon such person shall cease to be a Beneficiary of the
      Trust as at the date of such declaration; provided, however, that such
      declaration shall be without prejudice to the accrued beneficial settlement, if
      any, of such person as at the date of such declaration.

(f)   Exclusion of Beneficiaries by Beneficiaries. At any time any Beneficiary
      may declare in writing (such writing to be affixed to the original copy of this
      Inter Vivos Trust Agreement) that such Beneficiary is excluded as a
      Beneficiary of the Trust, whereupon the beneficial rights of such person
      under the Trust shall be terminated; provided, however, that such
      declaration shall be without prejudice to the accrued beneficial settlement, if
      any, of such person as at the date of such declaration.

(g)   Addition of Beneficiaries by Trustees. At any time the Trustees may declare
      in writing (such writing to be affixed to the original copy of this Inter Vivos
      Trust Agreement) that any person is added as a Beneficiary of the Trust,
      whereupon such person shall be recognized as a Beneficiary of the Trust as
      at the date of such declaration, provided that such person is a Permitted
      Beneficiary.

(h)   Restrictions re: Holding Trust Property. No Trust Property may be held by
      the Trust on the condition that:

      (i)    it may revert to the person from whom the Trust Property was
             received;

      (ii)   the person from whom the Trust Property was directly or indirectly
             received will have any input, direction or other influence on whether
             the Trust Property may pass to persons to be determined at a time
             subsequently to the creation of the Trust;

      (iii) during the lifetime of the person from whom the Trust Property was
            directly or indirectly received Trust Property cannot be disposed of
            except with such person=s consent or in accordance with such
            person=s direction; and

      (iv) the Trust can distribute Trust Property to a corporate Beneficiary from
           which the Trust Property was received.
PART FOUR


           POWERS, DISCRETIONS AND IMMUNITIES OF TRUSTEES

4.01 Without limiting any powers, discretions and immunities otherwise available to the
     Trustees, the Trustees have the following powers, discretions and immunities to
     carry out the purposes of the Trust as set out in paragraph 2.02. These will be
     exercised as determined by the Trustees and their judgement shall be binding upon
     all affected parties. No person shall be entitled or obliged to question such
     exercise:

     (a)   To invest the Trust Property and sell, exchange, pledge, lease, mortgage or
           otherwise dispose of or encumber the Trust Property, and at such prices and
           on such terms as the Trustees determine in their discretion (which terms
           may extend beyond the Division Date).

     (b)   To make investments even if such investments are not investments in which
           the Trustees are authorized to invest trust funds under the laws of the State
           of ________________ applicable therein, and the Trustees are not
           responsible for any loss from the making or retention of such investments.

     (c)   To invest in any property owned by the Settlor, the Settlor=s estate after
           death, or any other person.

     (d)   To retain any life insurance policy held by the Trustees; to accept as
           assignee, for consideration or as a donation, any life insurance policy or
           benefit under such policy; to purchase insurance on the life of any
           Beneficiary; to purchase insurance on the life of anyone in whom a
           Beneficiary has an insurable interest; to select any mode of premium
           payments; and to pay premiums on such policies from capital or income (or
           both). All such policies shall be payable to the Trustees and shall be held as
           Trust Property and the proceeds shall form Trust Property. The Trustees
           shall have all the powers of an absolute owner of such policies.

     (e)   To purchase annuities for any of the Beneficiaries, and policies of insurance
           against fire, casualty or public liability or other insurance of a similar
           character; but the Trustees shall not be liable for any failure to purchase any
           insurance.

     (f)   To vote all shares forming part of the Trust Property, and to exercise all
           rights incidental to the ownership of shares, bonds or other securities
      forming part of the Trust Property; to vote for the election of one or more
      Trustees to any executive or other board or committee of any corporation or
      association, and to serve in any such office and receive remuneration for
      such services without reduction in his or their respective compensation as
      Trustee(s); to sell or exercise any subscription rights and use the Trust
      Property for such purpose; to consent to any plan for reorganization,
      amalgamation or consolidation of any corporation whose shares, bonds, or
      other securities form part of the Trust Property; to consent to the sale of the
      assets and undertaking, of any such corporation; to accept any shares, bonds
      or other securities then forming part of the Trust Property.

(g)   To enter into partnership or limited partnership arrangements.

(h)   To manage real or leasehold property and to make repairs, alterations and
      improvements, to erect new buildings, to subdivide, to grant or release
      easements, to enter into agreements, and to hold mortgages.

(i)   To lease property even though such lease may extend beyond the Division
      Date.

(j)   To register any property in the name of a nominee or in his own name, or to
      hold it unregistered or in any such form that title shall pass by delivery, but
      without affecting their liability as Trustees.

(k)   To make any payments on behalf of any Beneficiary under the age of
      majority of the governing jurisdiction or under any disability, to the parent,
      guardian or committee, whose receipt is a sufficient discharge to the
      Trustees.

(l)   To make any distributions under this Trust in money, securities or other
      property comprising the Trust Property.

(m)   To borrow money and give security.

(n)   To lend Trust Property and take security.

(o)   To charge against income or capital (or both) any premium or discount on
      any investment of the Trust Property, or any stock dividends or subscription
      rights.
(p)    To determine whether any dividend received or distributed by the Trustees
       pursuant to the income tax laws of the governing jurisdiction constitutes
       income or capital.

(q)    To incorporate any corporation for the purpose of investing the Trust
       Property in shares or other securities of such corporation.

(r)    To waive unpaid accrued interest or accumulated dividends on any
       investment which may be held by them or to release any person from any
       obligation to the Trustees, with or without compensation for such release.

(s)    To execute and deliver all documents for the administration of the Trust.

(t)    To open and operate bank accounts.

(u)    To employ and compensate agents, accountants, solicitors, brokers and other
       advisers, for the administration of the Trust, without any liability for any
       neglect, omission, misconduct, or default of any such person, provided he
       was selected and retained with reasonable care.

(v)    To institute, prosecute, defend and settle any actions or other proceedings
       affecting him or the Trust Property.

(w)    To compromise or compound any debts owing to or by the Trust.

(x)    To partition any interest in the Trust Property.

(y)    To enter into guarantees or indemnifications for the benefit of the
       Beneficiaries and other persons and to give security for them.

(z)    To hold Trust Property at any place inside or outside _____________(enter
       country).

(aa)   Without infringing the rule against perpetuities, to transfer the trust
       Property, provided that it has not vested in possession in one or more of the
       Beneficiaries, to any other trust to be held by the Trustees of such other
       trust. Such other trust must not infringe the rule against perpetuities and all
       of the Beneficiaries must be Beneficiaries of such other trust. In addition,
       the respective interests of the Beneficiaries in the Trust Property so
       transferred must be the same or substantially the same as the interests of the
       Beneficiaries in the Trust Property under this Agreement.

(bb) (i)    To make any election, determination or designation permitted by any
            Federal or Provincial statute or regulation.
       (ii)   To pay or make payable, by resolution of the Trustees or by issuance
              of a promissory note, any actual, deemed or notional income or capital
              gains arising for income tax purposes.

(cc)   If the Trust Property becomes subject to succession duties, probate duties,
       probate fees, income taxes, capital gains taxes, inheritance taxes, estate
       taxes or death duties (or any of them) because of the death of the Settlor or
       any other person, and if such deceased person has not made alternative
       arrangements for payment, to pay such amount and for such purposes to sell
       such portion of the Trust Property as may be necessary.

(dd) The Trustees may, in their personal capacity, enter into purchases and sales
     of any property (including Trust Property), loans or any other transactions,
     in circumstances in which their personal interest may be in conflict with
     their fiduciary interest as Trustees, or in conflict with the interest of the
     Beneficiaries. Despite that, the exercise of this power shall not be subject to
     review by a Court.

(ee)   To divide the Trust Property or pay any share or interest in it, either wholly
       or in part, and for those purposes to fix the value of such share or interest.

(ff)   To make tax designations and elections pursuant to the governing
       jurisdiction’s income tax laws, as well as the power to implement corporate
       reorganizations.

(gg) To deal with the Trust Property as freely as if the Trustees were the absolute
     owner of it.
                                     PART FIVE
RIGHT OF THE TRUSTEES

5.01   The Trustees shall have the right, as determined by the Trustees, to pay
       themselves compensation and expenses properly incurred in the administration of
       this Trust.




PART SIX



LIMITS ON PAYMENTS TO BENEFICIARIES


6.01   Any right of a beneficiary to receive any income or capital of the Trust Property
       or claim under the provision hereof or as a result of any discretion exercised by
       the Trustees shall be enforceable only until the Divestiture Date, whereupon and
       so long as the Divestiture Period shall continue, the right of such Beneficiary to
       receive the said income or capital and all claims of the Beneficiary hereafter shall
       cease and the said income or capital of the said claims shall no longer be payable
       to or belong to such beneficiary until the Divestiture Period has terminated and
       then the right of such Beneficiary to receive income or capital and the said claims
       shall revive and such income or capital shall again be enforceable until the
       Divestiture Date, whereupon the right of such Beneficiary to receive such income
       or capital and the said claims shall again cease during the Divestiture Period and
       so on from time to time. During any Divestiture Period the Trustees may in their
       absolute discretion:

       (hhh)                 Spend such part of such income or capital as they shall
           deem advisable for the benefit, support, maintenance, advancement or
           education of the said Beneficiary or his or her child or children: or

       (iii) Pay income or capital or any part thereof to any other Beneficiary hereunder
             for such purpose and on such terms and conditions as they may think proper
             to prescribe: or

       (jjj) Retain and dispose of such income or capital partly in one manner as
            aforesaid and partly in another or others.
                                    PART SEVEN
       GENERAL

7.01   Liability of the Trustees. The Trustees are not responsible for any error in
       judgement or for any act of omission or commission not amounting to actual
       fraud in the administration of the Trust Property. The Trustees are not personally
       liable for any claims against the Trust Property or under any document executed
       by them as Trustees. The Trustees have the power to bind the Trust Property
       without rendering himself liable. The legal title to all the Trust Property is vested
       in the Trustees and their successors.

7.02   Resignation, Death or Incapacity of Trustees. Any Trustee may resign on thirty
       (30) days= notice in writing to the Settlor or upon such shorter notice as the
       Settlor will accept as sufficient. The Settlor is entitled by instrument in writing to
       appoint any person as a Trustee to fill any vacancy so occurring.

       Every person so appointed as Trustee has the same powers, authorities and
       discretions as an original Trustee and may in all respects act if he had been
       originally appointed Trustee by this Agreement.

       If a Trustee

(lllllllllllllllllllllllll) dies before completing his duties under this Agreement,
(mmmmmmmmmmmmmmmmmmmmmmmmm) becomes disqualified,
(nnnnnnnnnnnnnnnnnnnnnnnnn)                is declared mentally incompetent, or
(ooooooooooooooooooooooooo)                is declared mentally incapable of managing his or
her affairs by a Court of competent jurisdiction, (such Trustee being called an
AIncapacitated Trustee@),

       then if there is more than one Trustee, the remaining Trustees may either continue
       to administer the Trust without appointing any successor Trustee, or appoint
       another Trustee to replace the Incapacitated Trustee.

       If, however, there is only one Trustee and that Trustee becomes an Incapacitated
       Trustee, then a substitute Trustee or Trustees shall be appointed by the Settlor, if
       he is alive and competent to make such appointment, failing which a substitute
       Trustee or Trustees shall be appointed by the personal representative or estate
       trustees of the Trustee, as the case may be.

       This power to appoint a substitute Trustee or Trustees continues, and further
       appointments may be made pursuant to this paragraph, until the Trustees have
       completed their duties under this Agreement.
       Every person so appointed as Trustee has the same powers, authorities and
       discretions as an original Trustee and may in all respects act as if he had been
       originally appointed Trustee by this Agreement.

       Notwithstanding the foregoing, _________________, as Trustee, may by
       instrument in writing executed by him, remove any Trustees and/or increase the
       number of Trustees and appoint any person as a Trustee to fill any vacancy so
       occurring.

7.03   Power to Amend or Rescind Terms. The Trustees have the power to amend any
       term of this Agreement, or to add terms, or to make an application for such
       purposes pursuant to the laws of the governing jurisdiction in respect to Trusts.
       No such amendment has the effect of revoking this Trust, which is irrevocable, or
       affecting the distribution of the Trust Property or affecting the definition of the
       Beneficiaries, or resulting in any part of the capital or income being paid to the
       Settlor.
7.04   Separate Property. Despite anything else in this Agreement, any benefit, whether as to

       income, capital, income from capital or capital gains, to which any person shall become

       entitled pursuant to this Agreement, shall not fall into any community of property which

       may exist between any such person or his or her spouse. Further, such benefit shall not

       form part of his or her net family property for any purpose pursuant to the laws of the

       governing jurisdiction in respect to family law, but shall only be paid by the Trustees to

       such person on the condition that it shall remain the separate property of such person, free

       from the control of his or her spouse. The separate receipt of such person shall be a

       discharge to the Trustees for any such payment.


7.05   Interpretation. This Agreement shall be interpreted under the State of _______________
       laws.

7.06   Gender. In this Agreement where context allows, words importing only the masculine

       gender, include the feminine gender and vice versa, and words importing only the

       singular number, include plural and vice versa.


7.07   Headings. Section and paragraph headings are not part of this Agreement, are included
       solely for convenience and are not intended to be full and accurate descriptions of the
       contents of the paragraphs.

7.08   Successors and Assigns. This Agreement benefits and binds the parties, all persons
       affected by it, and their heirs, executors, administrators, successors and permitted assigns.


AS EVIDENCE OF THIS AGREEMENT, the parties have signed below.


SIGNED, SEALED AND DELIVERED                 )
   In the Presence of                        )
                                             )
                                             )
________________________________             )
   (witness)                       )
                                   )
                                   )
________________________________   )
   (witness)                       )
                                   )
                                   )
________________________________   )
   (witness)                       )
                                   )
                                   )
________________________________   )
   (witness)                       )

				
DOCUMENT INFO
Description: This document creates an irrevocable trust with the goal of protecting the trust assets from creditors or other parties seeking the trust’s assets. An Asset Protection Trust is made between the Settlor of the Trust and the Trustees. As drafted this document provides for the assets to be held on a discretionary basis. This document is useful to individuals seeking to place assets in a trust to avoid taxation and to protect assets in the event of divorce or bankruptcy.