Revocable Living Trust Form

How many grantors (creators) will there be for this trust?

One individual (myself)Two individuals

Who are the grantors creating the trust?

Myself and my spouseMyself and someone else

What is your name?

If you are creating this document on another person’s behalf, enter the name of the grantor creating the trust.

What is the name of the other grantor?

Enter the name of the other individual you are creating this trust with.

Are you, the grantor, currently married?

YesNo

What is your spouse's name?

Please provide this information, even if your spouse will not have any control over your revocable trust.

What is your spouse's name?

Please provide this information, even if your spouse will not have any control over your revocable trust.

What is your spouse's name?

What will the name of the trust be?

The

Enter the mailing address to be used for this trust:

Street Address

Address Line 2

City

State

ZIP Code

This is typically the grantor's mailing address.

Enter the mailing address to be used for this trust:

Street Address

Address Line 2

City

State

ZIP Code

There must be a singular mailing address that will act as the official address of this trust for legal notices.

Do you have any children?

YesNo

Do you or the other grantor have any children?

YesNo

How many children do you have?

Child's Name and Date of Birth:

Please provide this information, even if your children will not be the beneficiaries of this trust.

2nd Child's Name and Date of Birth:

3rd Child's Name and Date of Birth:

4th Child's Name and Date of Birth:

5th Child's Name and Date of Birth:

6th Child's Name and Date of Birth:

Who will act as the trustee?

The grantor(s)Someone else

The trustee is the individual or entity appointed to manage the trust's assets. In a revocable trust, this is often the person who also created the trust (the grantor).

How many trustees will there be?

What is the trustee's name?

2nd trustee's name:

3rd trustee's name:

4th trustee's name:

5th trustee's name:

6th trustee's name:

What is the trustee's mailing address?

Street Address

Address Line 2

City

State

ZIP Code

There must be a singular mailing address used by the person or persons managing the trust.

Who will act as the successor trustee?

One personMore than one person

A successor trustee is a person or entity appointed to manage the trust's assets if the original trustee becomes incapacitated or dies. The successor trustee CANNOT be the same person as the grantor.

What is the successor trustee's name?

How many successor trustees will be appointed?

1st successor trustee's name:

2nd successor trustee's name:

3rd successor trustee's name:

4th successor trustee's name:

5th successor trustee's name:

6th successor trustee's name:

How will decisions be made by the successor trustees?

By majority decisionBy unanimous decisionOther (describe)

Describe how the successor trustees will make decisions:

How will decisions be made by the two successor trustees?

By joint (unanimous) decisionOther (describe)

Describe how the two successor trustees will make decisions:

What is the successor trustee's mailing address?

Street Address

Address Line 2

City

State

ZIP Code

The successor trustee(s) must have a singular mailing address to be used for legal notices.

Upon becoming the acting trustee, will the successor trustee(s) be required to obtain a bond?

Yes (recommended)No

A bond is used to guarantee that the trustee will fulfill their duties and responsibly manage the trust's assets.

Will the trustee(s) receive compensation for managing this trust?

YesNo

How much will the acting trustee(s) be paid?

A reasonable/competitive rateOther amount (please describe)

Describe the trustee's pay rate:

e.g., "The acting Trustee shall be paid a rate of $50/hour for their services under this Trust."

How many beneficiaries will this revocable trust have?

Beneficiary Information

What is the 1st Beneficiary's share of the Trust?

%

Beneficiary's Address (optional)

Street Address

Address Line 2

City

State

ZIP Code

2nd Beneficiary Information

What is the 2nd Beneficiary's share of the Trust?

%

2nd Beneficiary's Address (optional)

Street Address

Address Line 2

City

State

ZIP Code

3rd Beneficiary Information

What is the 3rd Beneficiary's share of the Trust?

%

3rd Beneficiary's Address (optional)

Street Address

Address Line 2

City

State

ZIP Code

4th Beneficiary Information

What is the 4th Beneficiary's share of the Trust?

%

4th Beneficiary's Address (optional)

Street Address

Address Line 2

City

State

ZIP Code

5th Beneficiary Information

What is the 5th Beneficiary's share of the Trust?

%

5th Beneficiary's Address (optional)

Street Address

Address Line 2

City

State

ZIP Code

6th Beneficiary Information

What is the 6th Beneficiary's share of the Trust?

%

6th Beneficiary's Address (optional)

Street Address

Address Line 2

City

State

ZIP Code

7th Beneficiary Information

What is the 7th Beneficiary's share of the Trust?

%

7th Beneficiary's Address (optional)

Street Address

Address Line 2

City

State

ZIP Code

8th Beneficiary Information

What is the 8th Beneficiary's share of the Trust?

%

8th Beneficiary's Address (optional)

Street Address

Address Line 2

City

State

ZIP Code

9th Beneficiary Information

What is the 9th Beneficiary's share of the Trust?

%

9th Beneficiary's Address (optional)

Street Address

Address Line 2

City

State

ZIP Code

10th Beneficiary Information

What is the 10th Beneficiary's share of the Trust?

%

10th Beneficiary's Address (optional)

Street Address

Address Line 2

City

State

ZIP Code

If a beneficiary dies before the grantor, what will happen to the trust property that they would have received?

It will be distributed equally to the other beneficiaries.It will be inherited by the deceased beneficiary's heirs at law.Other (write your own instructions)

If the beneficiary dies before the grantor, what will happen to the trust property that they would have received?

It will be inherited by the deceased beneficiary's heirs at law.Other (write your own instructions)

The property will be transferred to:

e.g., "To my granddaughter Jessica."

Will there be any special distributions as part of this trust?

A special distribution in a trust is property given to specific individuals and is separate from the general disbursement given to the Beneficiaries.

YesNo

For example, "I want my 2020 Jeep Wrangler to be passed to my son, Billy Johnson."

Describe the special distributions you would like to include in this trust:

Describe each item and who will receive it.

Would you like to add a spendthrift clause?

YesNo

A spendthrift clause protects trust assets from a beneficiary's creditors. It also allows trust assets to be distributed in stages, rather than all at once.

Enter any limitations or restrictions on distributions to beneficiaries:

e.g., "The Beneficiaries of this Trust shall only receive 20% of the Trust property each year for a period of 5 years."

Do you want to create a trust for minors?

YesNo

In this arrangement, any assets designated for a child or other minor will be managed by a trustee until the child reaches a certain age (usually 18 years old).

Who would you like to be the trustee for the trust for minors?

The successor trusteeSomeone else

Enter the trustee's name and address:

Street Address

Address Line 2

City

State

ZIP Code

Would you like to create a pet trust?

YesNo

A pet trust outlines how a pet will be cared for and provided for financially after its owner dies or becomes incapacitated. A pet trustee will be appointed to manage the trust and care for the pet for the remainder of its life.

Describe the pet(s) that will be cared for by the trust:

Who will be appointed as the pet trustee?

What is the pet trustee's mailing address?

Street Address

Address Line 2

City

State

ZIP Code

Will any money be set aside for the pet trustee?

YesNo

This is money to be used for the care and guardianship of the pets covered by the trust.

How much money will be set aside?

$

Do you want to list the property and assets that will be transferred to this trust?

YesNot at this time (recommended)

This step is typically completed later, when it is clear which assets will be transferred to the trust.

List ALL the property that will be transferred into this trust:

Common items transferred to a revocable living trust include:

1. Real Estate: Homes, rental properties, or any other type of real estate are often transferred into a trust. This includes both primary residences and vacation homes.

2. Bank Accounts: Checking and savings accounts can be transferred to a trust. This helps in managing finances smoothly after the grantor's death or incapacity.

3. Investments: Stocks, bonds, mutual funds, and other investment accounts are commonly placed in a trust. This includes brokerage accounts and interests in closely-held businesses.

4. Personal Property: Tangible personal property like jewelry, art, collectibles, and vehicles can be included in a trust. This is especially important for items of significant value or sentimental worth.

5. Life Insurance Policies: While life insurance proceeds typically bypass probate, transferring ownership of the policy to a trust can provide more control over how the proceeds are distributed.

6. Retirement Accounts: While less common due to tax implications, some people choose to transfer retirement accounts like IRAs and 401(k)s into a trust under certain circumstances.

7. Business Interests: Ownership interests in businesses, partnerships, or LLCs can be transferred to a trust for continuity and ease of succession planning.

8. Intellectual Property: Copyrights, patents, and trademarks may also be held in a trust, particularly if they generate income or hold significant value.

Would you like to enter the trust date at this time?

YesNo

This is the date that the trust is created.

Revocable Living Trust Form

How many grantors (creators) will there be for this trust?

Who are the grantors creating the trust?

What is your name?

What is the name of the other grantor?

Are you, the grantor, currently married?

What is your spouse's name?

What is your spouse's name?

What will the name of the trust be?

Enter the mailing address to be used for this trust:

Enter the mailing address to be used for this trust:

Do you have any children?

Do you or the other grantor have any children?

How many children do you have?

Child's Name and Date of Birth:

2nd Child's Name and Date of Birth:

3rd Child's Name and Date of Birth:

4th Child's Name and Date of Birth:

5th Child's Name and Date of Birth:

6th Child's Name and Date of Birth:

Who will act as the trustee?

How many trustees will there be?

What is the trustee's name?

2nd trustee's name:

3rd trustee's name:

4th trustee's name:

5th trustee's name:

6th trustee's name:

What is the trustee's mailing address?

What powers will the trustee have?

Select the specific powers that the trustee will have:

Enter any additional powers the trustee will have:

Who will act as the successor trustee?

What is the successor trustee's name?

How many successor trustees will be appointed?

1st successor trustee's name:

2nd successor trustee's name:

3rd successor trustee's name:

4th successor trustee's name:

5th successor trustee's name:

6th successor trustee's name:

How will decisions be made by the successor trustees?

Describe how the successor trustees will make decisions:

How will decisions be made by the two successor trustees?

Describe how the two successor trustees will make decisions:

What is the successor trustee's mailing address?

Upon becoming the acting trustee, will the successor trustee(s) be required to obtain a bond?

Will the trustee(s) receive compensation for managing this trust?

How much will the acting trustee(s) be paid?

Describe the trustee's pay rate:

How many beneficiaries will this revocable trust have?

Beneficiary Information

2nd Beneficiary Information

3rd Beneficiary Information

4th Beneficiary Information

5th Beneficiary Information

6th Beneficiary Information

7th Beneficiary Information

8th Beneficiary Information

9th Beneficiary Information

10th Beneficiary Information

If a beneficiary dies before the grantor, what will happen to the trust property that they would have received?

If the beneficiary dies before the grantor, what will happen to the trust property that they would have received?

The property will be transferred to:

Will there be any special distributions as part of this trust?

Describe the special distributions you would like to include in this trust:

Would you like to add a spendthrift clause?

Enter any limitations or restrictions on distributions to beneficiaries:

Do you want to create a trust for minors?

Who would you like to be the trustee for the trust for minors?

Enter the trustee's name and address:

Would you like to create a pet trust?

Describe the pet(s) that will be cared for by the trust:

Who will be appointed as the pet trustee?

What is the pet trustee's mailing address?

Will any money be set aside for the pet trustee?

How much money will be set aside?

Do you want to list the property and assets that will be transferred to this trust?

List ALL the property that will be transferred into this trust:

Would you like to enter the trust date at this time?