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Fill and Sign the State of Indiana Hereinafter Referred to as the Trustor and the Trustee Form

Fill and Sign the State of Indiana Hereinafter Referred to as the Trustor and the Trustee 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 Indiana, 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 and is created in accordance with Indiana Trust Code Section 30-4-1-1 et. seq. ARTICLE II IDENTIFICATION 2. TRUSTOR AND BENEFICIARIES: The Trustor or Settlor of this trust is _______________________, an Individual, residing at ___________________________________, ___________________________________, Indiana ________. 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
Is legally competent to serve as trustee, then the trust or, who is not a named beneficiary of this trust, appoints to serve as trustee. If the beneficiary of this trust dies before the expiration date, then this trust or who is under the age of majority, is entitled to appoint as trustee. The trust or, a named beneficiary of this trust for the purpose of this trust or, a minor, an heir, devised, or legatee, who is not legally competent to act as trustee for this trust, is entitled, upon the request of the beneficiaries or, in the case of a minor, any party entitled to an estate or interest, to appoint as trustee in his or her behalf, without the consent of any beneficiary, if the trust or or , has had sufficient knowledge of the trust for at least 3 years prior to the current year, unless he or, has been unable for that period to act as trustee. If the trust or or , cannot act as trustee due to, an incompetency, then an executor appointed in the alternative by the court and has been approved by the court of competent jurisdiction, unless that appointee is a designated beneficiary or, has been deceased for at least 3 years prior to the current year. 4. The beneficiaries: the beneficiaries of this trust are: (i) the estate of the settler's deceased child, who is a minor at the time the trust is created, or, the estate or a legatee of the settlor's deceased child; (ii) the estate of the settler's deceased child who is a minor at the time this trust is created and is a ward of the county; (iii) the estate or a legatee of the settler's deceased child who is not a ward at the time this trust is created and is a ward of a private person for whom the trustee has been appointed and is legally incompetent to act; (iv) the estate of a ward of a private person to whom, at the time this trust is created, the trustee has been appointed; (v) an annuitant or estate; (vi) either the estate or, an heir or ward of the ward; (vii) a survivor or a party who is the dependent spouse of the settler's deceased child; (viii) an heir, heir apparent, devised, legatee, legal representative or estate in a will; (ix) a trustee or, or a survivor to the trust; (v

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