Below and shall be governed and administered in accordance with the following form
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- 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 Illinois, hereinafter referred to as the Trustor 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 Trustor or Settlor of this trust is _______________________, an Individual, residing at ___________________________________, ___________________________________, Illinois ________. The Trustor is the parent of the following living children: _______________________ _______________________ The Beneficiary of the Trust during the lifetime of the Trustor is the Trustor. 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 Successor Trustee, whether one or more.
Article iv interest in this trust 4. Interest in this this revocable living trust shall consist of, without limitation, any real property or personal property owned or held by the trust or and any interests in such property held at the time of the death of the trust or or beneficiaries, which interests in the physical or intangible things or property are held for,, for, , within, , through or by the trustor in the name of this trust. Article v rights and restrictions 6. Rights and limitations: a. If this trust is made under the laws of any other state, country , territory, commonwealth or country other than the state of Illinois , this interest in the real property or personal property may not be transferred without the written consent of the individual to whom such interest is subject, with such written consent to be obtained within ninety (90) days after written notification that notice is hereby required has been given to the trustee of this trust and that an accounting of the properties and interests in properties is now in process or no later than July 31 of the year following the calendar year in which the trust has been appointed or appointed as a trust, whichever occurs latest. B. If this trust is made under the laws of the state of Illinois , this interest in the real property or personal property may not be transferred except as provided for hereunder after a hearing to be held at which the individual or estate or person so interested may be present and heard. C. If this trust is made under the laws of the state of Illinois , this interest in the real property or personal property may not be transferred if the trustee is aware that the interest is subject to any legal or equitable preference interest, trust preference, or interest that, if accepted by the person subject to such interest, could result in undue burden, expense or advantage to the trustee or trust, or in undue financial benefit to any other person, if any, and is more likely than not to result in the forfeiture, cancellation or modification or impairment of any other right or interest of the individual, estate or person so interested. D. If this trust is made under the laws of the state of Illinois , this interest in the real property or personal property may not be transferred or be transferred in any form or by any means other than by will, and a surviving spouse, executor or administrator of a decedent's estate or trust, or the guardian, conservator or trustee of an individual's estate at death, may not receive the entire estate or estate.
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Today's eSignature regulations enable you to sign most documents electronically when using a compliant professional tool like airSlate SignNow. Nonetheless, some types of forms still require a physical (wet-ink) signature. These are wills, family papers related to adoption, divorce, court orders, etc.
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1.Sign up for a free trial with airSlate SignNow or log in to your account with password credentials or SSO authorization option.
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4.Put the My Signature field where you need to approve your sample. Type your name, draw, or upload a picture of your regular signature.
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4.Use the Edit & Sign menu on the left to fill out your template, then drag and drop the My Signature option.
5.Upload a picture of your handwritten signature, draw it, or simply type in your full name to eSign.
6.Make sure all the details are correct and click Save and Close to finish modifying your form.
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4.Tap Done -> Save after signing the sample.
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