Qualified Settlement Funds Trust Agreement | USA

Set up a Qualified Settlement Funds Trust under U.S. bankruptcy laws with this downloadable template.

  • This is an irrevocable trust that cannot be revoked once it is established.
  • A QSF trust is created under Section 468B of the Internal Revenue Code, following the filing of a Chapter 11 bankruptcy petition by a debtor.
  • A trustee is appointed to hold the assets and proceeds of the debtor until such time as the trustee settles with the creditors.
  • This form of trust allows the debtor to liquidate appreciated assets, pay the proceeds into trust for the benefit of the creditors and take a current income tax deduction for the payment.
  • Available in MS Word format.
  • Governed by the laws of the United States.
Document Type: Microsoft Word
Last Updated: 05-May-2025
SKU: 5218
$17.99