Release of right to revoke trustbefore fixed time form
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Setting Termination Date and Release by Trustor of Right to Revoke
Trust Before The Termination DateAgreement made on the ______________________________________________
(date), between ____________________________________________________ (Name
of Trustor) of ____________________________________________________________
________________________________________________________________________ ___________________________________ (street address, city, county, state, zip code), referred to herein as Trustor, and _____________________________________________
(Name of Beneficiary) of __________________________________________________
________________________________________________________________________ ___________________________________ (street address, city, county, state, zip code), referred to herein as Beneficiary; Whereas, Trustor and ________________________________________________
(Name of Trustee), as Trustee, entered into a trust agreement on ___________________
___________________ (date), under which Trustor transferred to Trustee certain
property in trust; and Whereas, Beneficiary is entitled to the income from the Trust created by the trust
agreement; and Whereas, pursuant to his right of revocation reserved to him in Section ______
(number) of the trust agreement, Trustor has today by an instrument of revocation caused
the trust instrument and the Trust created under it to terminate on ___________________
_________________ (date); and Whereas, pursuant to his right of revocation reserved to him in Section _______
(number) of the trust instrument, Trustor has a further right to revoke the instrument as
of a date earlier than _________________________________________ (date); and Whereas, Beneficiary desires that the Trust continue until the termination date set
today and that Trustor not act on any further right of revocation which he still has under
the trust instrument.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: Trustor hereby cancels, waives, relinquishes, renounces, and abandons any and all
rights of revocation which he may still possess under the terms of the above-mentioned
trust instrument or by operation of law or in any other manner on or before
____________________________________________ (date).
Witness my signature this the _________________________________________
(date). ____________________________________ (Printed Name of Trustor) ____________________________________(Signature of Trustor) ____________________________________ (Printed Name of Beneficiary) ____________________________________(Signature of Beneficiary)
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 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 PUBLICMy 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 Beneficiary), who acknowledged that he
executed the above and foregoing instrument. ___________________________________________NOTARY PUBLICMy Commission Expires:______________________ (Form of acknowledgements may vary from state to state)
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FAQs
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The 'Release Of Right To Revoke Trust Before Fixed Time' is a legal document that allows a trustor to relinquish their right to revoke a trust before a specified date. This means that once this release is executed, the trustor cannot alter or dissolve the trust until the fixed time has passed. Understanding this process is crucial for estate planning, and using airSlate SignNow can streamline the creation and signing of such documents.
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