Pivotal Pages of the Married Living Trust
Page 1 – The Name & Date of The Trust
This page declares your trust and sets forth your names, the name and date of your trust, and how trust assets should be titled.
Page 2 – Successor Trustees & Family Information
This page sets forth your family information and your choice of successor trustee(s).
Page 3 – Distribution at First Spouse’s Death
This page sets forth the distribution of the trust estate at the first spouse’s death — generally outright to the surviving spouse.
Page 4 – Verifies The Husband’s Ultimate Wishes
This page verifies how the husband wants the estate divided after both spouses are deceased, which is generally equally among the children. It also specifies the minimum age a beneficiary must attain before being allowed to manage their own inheritance.
Page 5 – Verifies The Wife’s Ultimate Wishes
This page verifies how the wife wants the estate divided after both spouses are deceased, which also is generally equally among the children. It too sets forth the minimum age a beneficiary must attain before being allowed to manage their own inheritance.
Page 6 – Gives Instructions For Specifying Personal Effects Distributions
Finally, many of you are interested in specifying distributions of certain personal effects — and you will find instructions for doing so at the top of Page 6.
Page 7 – Execution and Acknowledgement Page
This is where you sign your trust (twice each) and have it notarized in two places (one as settlors and the other as trustees).
Pivotal Pages of the Single Living Trust
Page 1 – The Name & Date of The Trust
This page declares your trust and sets forth your names, the name and date of your trust, and how trust assets should be titled.
Page 2 – Successor Trustees & Family Information
This page sets forth your family information and your choice of successor trustee(s).
Page 3 – Verifies The Distribution of The Estate
This page verifies how you want your estate divided, which is generally equally among the children. It also specifies the minimum age a beneficiary must attain before being allowed to manage their own inheritance.
Page 4 – Gives Instructions For Specifying Personal Effects Distributions
Finally, many of you are interested in specifying distributions of certain personal effects — and you will find instructions for doing so at the top of Page 4.
Page 5 – Execution and Acknowledgement Page
This is where you sign your trust (twice) and have it notarized in two places (one as settlor and the other as trustee).