Agreement to Extend the Duration or Term of a Trust
This trust extension agreement is made on _______________________________
________ (date) , between __________________________________________________
(Name of Trustor) of ______________________________________________________
________________________________________________________________________
________________________________________________________________________
(street address, city, county, state, zip code), hereinafter called Trustor, and
________________________________________________________ (Name of Trustee)
of _____________________________________________________________________
________________________________________________________________________
________________________________________________ (street address, city, county,
state, zip code), hereinafter called Trustee;
Whereas, on ________________________________________________ (date) ,
Trustor and Trustee executed a Trust Agreement which by its terms was to terminate on
__________________________________________ (date) ; and
Whereas, Trustor desires to extend the existence of the Trust until
____________________________________________________ (Name of Beneficiary) ,
by whose life the Trust is measured, attains the age of _________ (number) years, which
will be on __________________________________________________ (date) , or until
the prior termination of the Trust as provided in the Trust Agreement;
Now, therefore, for and in consideration of the mutual covenants contained in this
Agreement, and other good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the parties agree as follows:
1. Trustor hereby extends the existence of the trust from _____________________
____________ (date) , until ________________________________________________
(Name of Beneficiary) attains the age of _____ (number) years, which will be on
_________________________________________________ (date) , or until the prior
termination of the Trust as provided in the Trust Agreement, on the same terms and
conditions as set forth in that Agreement.
2. Trustee agrees to the extension of the existence of the Trust as above-provided.
Said Trustee will continue faithfully to execute the Trust according to the best of
Trustee’s ability and knowledge and shall continue to have all the powers and authority
given to said Trustee under the terms of the original Trust Agreement.
The parties have executed this Second Amendment of Trust Agreement as of the
day and year first above written.
____________________________________
(Printed Name of Trustor)
____________________________________
(Signature of Trustor)
____________________________________
(Name of Corporate Trustee)
By: ________________________________
____________________________________
(Printed Name and Signature of Officer)
STATE OF ______________________________________
COUNTY OF _______________________________
Personally appeared before me, the undersigned authority in and for the said
county and state, on this _____ day of _______________________________________,
20_____, within my jurisdiction, the within named ______________________________
____________________ (Name of Trustor), who acknowledged that he is Trustor in the
Trust Agreement described in the above and foregoing instrument, and that in said
representative capacity he executed the above and foregoing instrument, after first having
been duly authorized so to do.
___________________________________________
NOTARY PUBLIC
My Commission Expires:
______________________
STATE OF ______________________________________
COUNTY OF ________________________________
Personally appeared before me, the undersigned authority in and for the said
County and State, on _______________________________________________ (date) ,
within my jurisdiction, the within-named ______________________________________
(Name of Officer), who acknowledged that he is a (e.g., Vice-President and Trust
Officer) _______________________________________________________ of
_______________________________________________________ (Name of Trustee) ,
a ______________________________________________ (Name of State) corporation,
Trustee in the Trust Agreement described in the above and foregoing instrument, and that
for and on behalf of the said corporation, and as its act and deed in the capacity as
Trustee, he executed the above and foregoing instrument, after first having been duly
authorized by said corporation so to do.
___________________________________________
NOTARY PUBLIC
My Commission Expires:
______________________
(Form of acknowledgement may vary from state to state)
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FAQs
Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
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