California Revocable Living Trust Sample

California revocable living trust form.

California revocable living trust sample.

Revocable living trust by name of person creating trust i a resident of city county california declare this to be my living trust and hereby revoke any previous living trust that i may have previously made. Revocable living trusts agreement form this is the form to use if the intent of a property and assets owner is to construct a legal agreement between him as the grantor and another party as his trustee. Each of these sample revocable living trusts is described below. On the date set forth above the grantor transferred to the trust estate and assets described in attachment a which is attached and incorporated into the trust.

Tammy trustmaker called the grantor declares that she has transferred and delivered to the trustee all her interest in the property described in schedule a attached to this declaration of trust. The agreement form will state the names of the parties and their roles in the trust the name of the trust the details of the property transfer as well as other clauses which are. The trusts created by this instrument shall be known collectively as the sample husband and wife revocable living trust and each separate trust created under this instrument shall be referred to by adding the name or designation of that separate trust as it appears in the appropriate section of this instrument. The california revocable living trust is a document that allows a grantor to specify how his her assets and property should be managed during their lifetime and after their death.

The assets designated to the trust may be managed by the grantor only if the grantor chooses to act as trustee person responsible for maintaining the trust however this option is only available with a revocable trust. This sample revocable living trust for california is for a husband and wife. To review a sample revocable living trust simply click on the appropriate links below. Revocable living trust hereinafter known as the trust and is is not an amendment to a prior living trust.

Download this california revocable living trust form in order to set up an entity to hold assets or property you designate during your lifetime for the benefit of those you adobe pdf. The trust is over 35 pages and is very detailed including a spendthrift clause making it clear that the trust is intended to be construed as a spendthrift trust and also providing that no beneficiary can assign their interest to any other person and that any voluntary or involuntary assignment is void to the maximum extent provided by law.