Fill and Sign the Basic Forms for Use in City Ampamp Parish Courts the Louisiana Supreme

- 1 - REVOCABLE LIVING TRUST AGREEMENT THIS REVOCABLE LIVING TRUST AGREEMENT, (hereinafter "Trust"), is being made on this the ________ day of _______________, 20_____, by and between ___________________________________ of ____________________ County, State of Ohio, hereinafter referred to as the Trustor, whether one or more, and the Trustee designated below and shall be governed and administered in accordance with the following terms and provisions: ARTICLE I NAME OF TRUST 1. NAME OF TRUST: This trust may be referred to as THE _____________________________ REVOCABLE LIVING TRUST. ARTICLE II IDENTIFICATION 2. TRUSTOR AND BENEFICIARIES: The Trustors or Settlors of this trust are _____________________________ and ____________________________, Husband and Wife, residing at ___________________________________, ___________________________________, Ohio ________. As used herein, the term “Trustor” shall mean all trustors of this trust, whether one or more. The Trustors are married and parents of the following living children: ____________________________________________________________________________________________________________________________________________________________________________________________ The Beneficiaries of the Trust during the lifetime of the Trustors is the Trustors. Except as otherwise provided herein, upon the death of the Trustor, the Beneficiaries are the Children of the Trustor. ARTICLE III TRUSTEE APPOINTMENT 3. TRUSTEE APPOINTMENTS: The Trustor, hereby appoints __________________________________, the Trustor, as Trustee of this Trust. If the Trustor, is unable to serve as Trustee for any reason, then the Trustor hereby appoints _______________________________ as Successor Trustee. If neither the first or second Trustee are able to serve as Trustee for any reason, then the Trustor hereby appoints _____________________________ as
Trustee for the purposes of the revocable living trust. If the trust or is unable to serve as trustee for any reason, the trust, hereinafter referred to as the fiduciary is, as its successor and, by and, if unable to serve as fiduciary the executor or designated successor of the trust or, shall be appointed as the trustee of the revocable living trust by the court of probate. Article iv. Revocable living trust agreement 4. Trust agreement, this revocable living trust agreement, is being made upon this the day of, by and between the trusts, hereinafter referred to as the trustees. Article v. Fiduciary 5. The fiduciary is not a party to this trust but, the trust or, in a joint and several fiduciary capacity is, hereinafter referred to as the trustee/main, of this trust. Any interest or interest in the property, the rights to receive payments in trust, or any other interest or interest of any person in or owing to this revocable living trust, whether hereinafter referred to as the beneficiaries and any and all trusts formed or hereafter created by any or all beneficiaries or other persons, whether the trust or fiduciary, in any and all fiduciary capacities is a party to or a beneficiary of this trust. Article vi. Trustee appointment 6. Trustee appointments: the trust or, herein appoints, as trustee, (this trustor, hereinafter referred to as the trust), to manage and manage the assets of this trust. If the trust is unable to manage its assets, the fiduciary is, as its successor and by and through the trust or, trustee/feiend, to be appointed to manage and manage the assets of this revocable living trust. Article vii. Trustee duties 7. The duties and obligations of the trustee, hereinafter referred to as the fiduciary, and this trust include but are not limited to the following: (a) manage the assets of this revocable living trust; (b) pay all expenses which would be incurred by the fiduciary, when acting as trustee, to manage the assets of this trust without regard to any payment, demand, objection, claim, or judgment made against or by the trust in any court of competent jurisdiction, which expenses might reasonably be expected to accrue to the trust; (c) take all action which should be taken for.