Fill and Sign the Lease Agreement between Project Owner as Landlord and Restaurant Form

- 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 Kansas, 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 ___________________________________, ___________________________________, Kansas ________. 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,
The trustee designated below, is a kansas resident, qualified to practice law in this state who is not otherwise disqualified by law pursuant to Kansas statutes title 25, chapter 3, section 5. Trustee designation 4. The beneficiaries of this revocable living trust are (a) a. The individual referred to in clause 1 hereof, under the age of twenty-one years at the time of making this application, but not more than three years older than the trust. (b) any individual of full age at the time of making this application and who either is a child of the trust or at the time of making this application or was legally adopted by the trust or. (c) any individual of full age at the time of making this application and who (1) is, or (2) was declared a ward of this state, at least three years under the age of twenty-one years at the time of making this application with a disability that has not been completely relieved, by reason of mental infirmity, or that prevents full participation in life, except that in addition to the beneficiaries referred to in (b) and (c) above, the beneficiaries under this subsection are designated the following: (a) the beneficiaries referred to in paragraphs (2) through (6), (7) through (10) and (11) through (14) above are as follows: (i) the beneficiary of the trust under or for the benefit of that individual; (ii) the individual entitled to a portion of the trust if the individual was born out of wedlock and if such individual (a) is at least three years under the age of twenty-one years at the time the individual applies to become a beneficiary of the trust; or (b) was legally adopted by that individual out of wedlock. (iii) the portion of the trust that is payable to the ward under section 5(e)(2) of title 25, chapter 3, section 11 (the “wise retired retiree pension law"), and that is to be paid out of the funds of the revocable living trust, if it comes into existence or is amended to include an annuity. (iv) the portion of the trust that is payable to a child, including the right of a child to pay an amount into the trust. (v) any other individual with a disability who is legally adopted out of wedlock. (vi) any individual with a disability who is at least eighteen years of age and who would