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Alternative designation of beneficiaries

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Alternative designation of beneficiaries. _________ [For a single beneficiary: _________ [name] as to 100 percent of the beneficial interest] or _________ [For multiple beneficiaries, whether sharing equal or unequal interests: _________ [name] as to a _________ percent interest and _________ [name] as to a _________ percent interest] or _________ [For spouses: _________ [names] husband and wife, as joint tenants with right of survivorship and not as tenants in common] or _________ [For single beneficiary with contingent remainder beneficiary: _________ [name] as to 100 percent of the beneficial interest, but on the death of _________ [name] during the existence of this trust, any beneficial interest not previously disposed of shall vest in _________ [name] if _________ [he or she] survives. Any named remainder beneficiary shall succeed to all the rights of the beneficiary under this agreement, but until the life interest terminates, the remainder beneficiary has no rights or powers under this trust agreement] or _________ [For life estate and vested remainder interests: _________ [name] as to 100 percent of the beneficial interest during _________ [his or her] life, and on _________ [his or her] death during the existence of this trust, the entire beneficial interest under this agreement not previously disposed of shall vest in _________ [name of remainder owner] or [his or her] estate. During the life estate of _________ [name] the beneficial interest cannot be disposed of, assigned, or encumbered without the written consent of _________ [name of remainder holder] ] or _________ [For a general partnership: _________ [name of partnership] a partnership consisting of _________ [names of individual partners] ] or _________ [For a limited partnership: _________ [name of partnership] a limited partnership whose general partners are _________ [names] ] or _________ [For a joint venture: _________ [name of joint venture] a joint venture, consisting of _________ [names] joint venture] or _________ [For a corporation: _________ [name] an _________ [state] corporation].

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