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Irrevocable Trust Agreement (USA)

Use this template to prepare an Irrevocable Trust Agreement for the United States, which creates trusts for the benefit of the grantor's adult children. Provision of the agreement include:

  • Per stirpes disposition in the event of a beneficiary's death, but if the deceased has no children, the share is distributed to the other beneficiaries.
  • The net income will be distributed at the end of each calendar quarter. The body of the trust will be paid to the beneficiaries when they reach a specified age.
  • The grantor cannot borrow any part of the trust property or income without adequate security and interest.
  • The property or income of the trust cannot be sold for less than adequate compensation.

This is a US legal document, in MS Word format.



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File Details
Price:$15.00(CAD)
Document ID:4290
Downloads:38
Date Added: 2002-08-07
word document



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