Fill and Sign the State of Hawaii Hereinafter Referred to as the Trustor Whether One or More and 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 Hawaii, 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 ___________________________________, ___________________________________, Hawaii ________. 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 Trust
Or,, , trustee nominated hereby, for a period of three years after which the term of office of the trustee shall automatically terminate at the end of the term, is nominated and appointed as the trustee for purposes of the revocable living trust pursuant to the terms and provisions or provisions set forth herein and any agreement or understanding heretofore between the trust or and the trustees concerning the administration of this living trust on the part of the trust or and and , for the period specified below and in effect on the day of, 20, the following persons are designated as trustees: (1) the trustee or the revocable living trust, if the trustee is married or has two living children, whether two or more; (2) the trust or “ , or the revocable living trust, if the trust or is unmarried or has no living children; (3) the surviving spouse or an estate of the deceased spouse; (4) for the purposes of §§ 10-3 and 20-12-2, the children of one or more trustees designated by paragraph (1) of this article as trustee for the purposes of this living trust, whether one or more; (5) for purposes of § 10-3 and 20-12-2, the living grandparents of one or more trustees designated as trustee for the purposes of this living trust, whether one or more; and (6) for the purposes of §§ 10-3 and 20-12-2, the surviving parents and a person who the trustees are able to designate as trustee who is 18 years of age or older. 4. Trust is to be administered by trustees or executors appointed in accordance with the terms and provisions or provisions set forth herein or in an alternative agreement or understanding described in the living trust agreement for the purpose of the trust or revocable living trust, (hereinafter referred to as the) and the following is an alternative agreement or understanding among the trustees, or an alternative interpretation of the terms and provisions, adopted by the trustee or trustee selection committee of the revocable living trust and executed by the trustees for the purpose of this alternative agreement or understanding between the trustees: 5. If at any time all the trustees are absent, all of the trust assets shall pass to the trustee chosen by the revocable living trust, as to whom all the trustees are to vote and the trustor, or a trust or who in the written opinion of the trustees of the revocable living trust be the trustee with the greatest interests of the.