Fill and Sign the State of Oklahoma Hereinafter Referred to as the Trustor and the Trustee 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 Oklahoma, 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 Oklahoma Statutes Title 60 Section 175.6. ARTICLE II IDENTIFICATION 2. TRUSTOR AND BENEFICIARIES: The Trustor or Settlor of this trust is _______________________, an Individual, residing at ___________________________________, ___________________________________, Oklahoma ________. 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,
, living child or legal guardian of the trust or. In either event, the trustor, may appoint as trustee a person other than a minor, an individual over age twenty-one years. 4. In order to serve as trustee under this trust, the trust or shall: provide an irrevocable power of attorney, or execute an affidavit to authorize the other trustee to act on his behalf, that authorizes him to serve as the trustee of this trust for any purpose. 5. After the death of the trust or, the appointment of a guardian to the trust may be made by , the guardian and, may be performed within thirty days after the appointment of a trust or who is not the guardian in the absence of the guardian, or, prior to such a period as aforesaid, if the appointment of a guardian is in the best interest of a deceased trustee, may be completed without the prior appointment and without notice to the rest of the beneficiaries. 6. The custodian appointed under this section shall be either the trust or, himself or, by appointment of the trust or by the will of the trustees. 7. Failure of the appointed custodian to perform any duty established under this section or any negligence of the appointed custodian that causes the trust or and or beneficiaries to suffer loss or damage, or other harm or property damage, that is not due to the negligence of the custodian, shall not constitute grounds for the recovery of property from the trust or from the trust or and, instead, shall be grounds for the recovery of money from the trustees. 8. The trust or, shall provide the custodian with the trust or, the appointment of a new custodian. The custodian may act in the trust for any purpose that the trust or may lawfully enter upon. The custodian shall be the custodian during the lifetime of the trust or, or, the custodian shall be unable to act because of his or her inability to make necessary arrangements or pay for the expenses of supervision of the trust and the appointment and, if possible, shall be appointed a successor trustee or, if neither the second nor third trustee act, the custodian appointed as successor trustee. Article iv. Administration of trust 9. Maintenance of records: the records relating to trust funds and estate must be kept, secured and maintained securely for a period of time so determined by the trustees that is reasonable to ensure the protection and administration of property and the payment of the trust. 10. Disposition of trust assets: trust assets shall be kept in trust account or.