STATE OF LOUISIANA
PARISH OF [_PARISH_]
TERMINATION OF TRUST
AND
RELEASE OF TRUSTEE
OF
[_TRUST_NAME_]
BE IT KNOWN that on the day and date set out hereafter,
before me, the undersigned Notary Public in and for the
Parish of [_Parish_] , State of Louisiana, and the undersigned
good and competent witnesses,
PERSONALLY CAME AND APPEARED:
[_TRUSTEE_] , TIN [_TIN_1_] , of full age and a resident
of [_T_Parish_] , whose address is [_T_Address_] ,
appearing herein in [_his_her_1_] capacity as Trustee of
the [_TRUST_NAME_] , sometimes hereafter called
"Trustee", and
[_BENEFICIARY_] , TIN [_TIN_2_] , of full age and a
resident of [_B_Parish_] , whose address is
[_B_Address_] , the sole beneficiary of the
[_TRUST_NAME_] , sometimes hereafter called
"Beneficiary",
who, after being duly sworn, did depose and say:
1.
By instrument dated [_Trust_Date_] , sometimes hereafter
called the "Trust Instrument", [_SETTLOR_] created the
[_TRUST_NAME_] , the terms of which are fully set out in said
Trust Instrument which is recorded in the conveyance records
of [_Rec_Parish_] , Louisiana, said Trust Instrument naming
[_TRUSTEE_] as the Trustee of [_TRUST_NAME_] and
[_BENEFICIARY_] as its sole beneficiary.
2.
Under the terms of the instrument creating
[_TRUST_NAME_] , [_BENEFICIARY_] , as its sole beneficiary, was
to receive all income from property of whatever kind owned by
the trust until [_his_her_2_] twenty-first birthday, at which
time [_he_she_] was to become owner of all of the principal
of said trust.
3.
Trustee has, in accordance with the terms of the
instrument creating [_TRUST_NAME_] , disbursed all income from
trust property to Beneficiary on an annual basis from the
time of the Trust's inception to date and has retained the
principal assets of the trust for disbursal on Beneficiary's
twenty-first birthday, which fact is acknowledged by
Beneficiary.
4.
Beneficiary has now reached twenty-one years of age, as
may be seen by a certified copy of [_his_her_2_] birth
certificate annexed hereto and made part hereof.
5.
Trustee does hereby transfer, set over and deliver to
Beneficiary all of the assets, movable and immovable and of
every nature whatsoever, of [_TRUST_NAME_] and all
undistributed trust income of the trust, said property and
undistributed income being:
(1) [_Item_1_]
(2) [_Item_2_]
(3) [_Item_3_]
6.
Beneficiary acknowledges receipt of the trust assets and
undistributed income described above, and further
acknowledges that [_he_she_] has received a complete
accounting of the Trustee's administration of [_TRUST_NAME_]
and is satisfied therewith and Beneficiary hereby releases
Trustee from any and all liability arising out of
[_his_her_1_] administration of [_TRUST_NAME_] .
7.
Trustee and Beneficiary do hereby acknowledge that the
term of [_TRUST_NAME_] has expired and that [_TRUST_NAME_] is
now terminated.
THUS DONE AND SIGNED at [_City_Parish_] , State of
Louisiana, the parties hereto having affixed their
signatures, together with me, Notary, and the undersigned
witnesses, after due reading of the whole on this [_Date_] .
WITNESSES:
_________________________ ___________________________
[_TRUSTEE_]
_________________________ ___________________________
[_BENEFICIARY_]
_________________________________
[_NOTARY_] , Notary Public
* * * * * * * * * * * *
TERMINATION OF TRUST AND RELEASE OF TRUSTEE - F1DENDTR: This
form assumes an intervivos trust that has immovable property
as one of its assets, thus requiring the trust instrument to
be recorded in the parish in which the immovable property is
located (LA R.S. 9:2092). This document should also be
recorded in any parish in which property is owned by the
trust.
WORD KEY EXPLANATION
[_PARISH_] Parish in which this document is
signed.
[_TRUST_NAME_] Name of the Trust as stated in
instrument creating it.
[_Parish_] Same as [_PARISH_] but not in caps.
[_TRUSTEE_] Trustee's name.
[_TIN_1_] Trustee's tax identification number.
[_T_Parish_] Parish of Trustee's residence.
[_T_Address_] Trustee's address.
[_his_her_1_] As appropriate for Trustee.
[_BENEFICIARY_] Beneficiary's name.
[_TIN_2_] Beneficiary's tax identification
number.
[_B_Parish_] Parish of Beneficiary's residence.
[_B_Address_] Address of Beneficiary.
[_Trust_Date_] Date of instrument creating trust.
[_SETTLOR_] Person who created the trust.
[_Rec_Parish_] Parish in which recorded.
[_his_her_2_] As appropriate for Beneficiary.
[_he_she_] As appropriate for Beneficiary.
[_Item_1_] Describe first item.
[_Item_2_] Describe second item.
[_Item_3_] Describe third item.
[_City_Parish_] City and Parish in which this
document signed.
[_Date_] Date of execution.
[_NOTARY_] Notary before whom this document
signed.
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