Oklahoma Revocable Living Trust Form

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Updated June 29, 2022

The Oklahoma revocable living trust form is a document which places a person’s assets and property into a trust and establishes provisions for the management and distribution of the trust estate. During the Settlor’s lifetime, they will continue to benefit from their assets that they have placed in the trust and, as is more often than not the case, they may appoint themselves as Trustee in order to manage the entity during their lifetime. If the Settlor dies or becomes incapacitated, the living trust will be managed and distributed as per the stipulations of the trust document. By creating a living trust, the Settlor ensures that their heirs will not have to go through a long and expensive probate process. Instead, the Settlor’s estate will be distributed in a timely fashion, according to the Settlor’s specifications.

Laws – § 60-175.41

How to Write

Step 1 – Download in Adobe PDFMicrosoft Word (.docx), or Open Text Document (.odt).

Step 2 – Provide the following information on the first page of the Oklahoma Revocable Living Trust form:

  • Grantor’s name
  • Date
  • Grantor’s name
  • Grantor’s mailing address
  • Trustee’s name
  • Trustee’s mailing address

Step 3 – In Article 1, provide the “Name of the Trust” and indicate whether this is a new Living Trust or an amendment to a one that has already been created.

Step 4 – Next, provide a description of any specific property being given to an individual or organization and provide the name of the recipient under Article 4, Section A.

Step 5 – In the next section (Section B), select the appropriate checkbox to indicate whether the Grantor’s personal property will be distributed to the Beneficiaries or to a single individual (provide personal information).

Step 6 – If the Grantor has any pets, provide the name and address of the assigned Pet Caretaker and Alternate Pet Caretaker (Section C).

Step 7 – Under the same section, indicate whether the Pet Caretaker will receive funding, and if so, how much and for how long they must provide care.

Step 8 – To complete Section C, enter the name and address of the person assigned to ensure that the Grantor’s pets are properly cared for by the Pet Caretaker.

Step 9 – Beneath Section D, provide the name, SSN or TIN, and address of the assigned Beneficiaries.

Step 10 – Enter the duration of time that Beneficiaries must wait from the date of the Trust’s creation to request an accounting of the Trust (Article 10).

Step 11 – Next, supply the name and address of the Successor Trustee and 2nd Successor Trustee under Article 13.

Step 12 – Moving on to Section I, indicate whether or not the Trustee will receive compensation for performing their duties.

Step 13 – Next, under Article 15, enter the number of days by which the Grantor must be survived in order for anyone to lay claim to the Living Trust.

Step 14 – In Article 17, indicate whether or not the Grantor is married, and if they are, supply the spouse’s name.

Beneath that, indicate which estate will benefit from the other one in the event that neither the Grantor nor their spouse is determinable as the first deceased.

Step 15 – If the Grantor has any children, list their names under Article 18.

Step 16 – If the Grantor has anyone that they wish to exclude outright from their Living Trust, identify them in Article 21.

Step 17 – On page 18 of the form, the Grantor, the Trustee, and the Successor Trustee must each provide their signature, printed name, and the date of signing.

Step 18 – In the “Self-Proving Affidavit,” the following must be provided:

  • State
  • County
  • Grantor’s signature plus the date
  • Trustee’s signature plus the date
  • Successor Trustee’s signature plus the date
  • 2nd Successor Trustee’s signature plus the date
  • Witness signature plus the date
  • 2nd Witness signature plus the date

Step 19 – If the Living Trust is to be notarized, a Notary Public may provide the following credentials in the “Notary Acknowledgement” section:

  • Date of witness
  • Name of Grantor
  • Commission expiry date
  • Notary’s signature
  • Notary’s printed name

Step 20 – Finally, provide a list of all of the Grantor’s assets and property which are being put into this Living Trust on “Attachment A.”