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Irrevocable Trust Declaration | USA
Prepare an Irrevocable Trust Declaration to set up trusts for the benefit of a grantor's adult children with this template form for the USA.
- In the event of a beneficiary's death, the assets will be distributed per stirpes, but if the deceased beneficiary 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 form is available in MS Word format. It can be easily customized to fit your circumstances.
- Governed by U.S. laws and intended for use only within the United States.
$17.99
Texas Community Property Survivorship Agreement
TX property owners, avoid probate proceedings with respect to your community property with this Texas Community Property Survivorship Agreement.
- The agreement is between two spouses, pursuant to the Texas Probate Code XI(3), section 451.
- Upon the death of a spouse, title to all community property held by the spouses will immediately vest in the surviving spouse.
- The agreement automatically terminates if the marriage ends.
- As long as both spouses are alive, the property remains community property.
- The agreement revokes all prior community property agreements.
- The agreement must be filed in the county records in order to take effect.
- This legal document template is provided in MS Word format and is easy to edit and print.
- Intended for use only in the State of Texas.
$6.29