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Fill and Sign the This Revocable Living Trust Agreement Hereinafter Quottrustquot is Being Made Form

Fill and Sign the This Revocable Living Trust Agreement Hereinafter Quottrustquot is Being Made Form

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Revocable Living Trust Agreement Page 1 of 20 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 Arizona, 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 ________________________, __________________, Arizona ________. 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. 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 Trustor, hereby
Hereby appoints the following trustee who shall execute an agreement with the trust. For the purpose of this article, the term “trustor" shall mean , an individual, residing at,, arizona . The trustee is the parent of the following living children:,, . For the purposes of this article, the term “trustee" shall mean " or as an executor, administrator, or trustee, appointed by a court or by an act of the people acting on the court's own motion.” 4. Trustee appointments trustor and any other children of the trust or the beneficiaries of the trust or any other persons designated in this article may designate one or more trustees to administer the trust. When a trust has two or more trustees, all the trustees shall act jointly and are subject to the instructions of the trust or or trustees designated by the trustors for the benefit of the beneficiaries. 5. Trustee's powers and duties 6. Trustee's powers and duties 7. Confirmatory power of settlement 8. Confirmatory power of appointment 9. Release from payment of debts 10. Rescission of appointment or appointment to replace 11. Rescission of appointment or appointment to replace, failure to appoint 12. Rescission of appointment or appointment to replace, failure to appoint 13. Rescission of appointment or appointment to replace, or failure to appoint 14. Confirmation of appointment or confirmation of appointment, etc. 15. Appointment of trustee 16. Appointment to be president 17. Appointment to be president pro tempore 18. Removal of trustee 19. Resignation of trustee 20. Removal of trustee 21. Successors 22. Trust or's power to remove from office 23. Successor appointing agent 24. Successor appointing agent 5. Identification of beneficiaries in this article, “beneficiary" means an individual who is entitled to payment of any debts of the trust pursuant to this article. An individual is considered a beneficiary if the individual has a legal relationship with the trust. Where a trust is under the control of a corporation, trustees have the same powers and duties as if the trust were a limited liability company. Except as otherwise provided herein, when a trust has four or more beneficiaries, all the trustees shall act jointly and are subject to the instructions of the trust or or trustees designated by the trustors. When a trust has two or more trustees, all the trustees shall act jointly and are subject to the instructions of the trust or or trustees designated by the trustees representing the beneficiaries.

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