1Who is this Joint Living Trust being created for?
JLT01005
Sole TrusteeCo-Trustees
JLTRUS01
,Will there be a Sole Trustee or Co-Trustees?
JLT01020
JLT01008
|#JOINT LIVING TRUST
JLTRUS01
-What is the title of this Joint Living Trust?
JLT01004
Yes. This Agreement amends the|, dated|.
JLTRUS01
EIs this Agreement being prepared to amend a prior Joint Living Trust?
{NEXT_?}
Name: |City: |State: |
JLTRUS01
Who will serve as the Trustee?
JLT01007
Name: |City: |State: |#Name: |City: |State: |
JLTRUS01
"Who will serve as the Co-Trustees?
JLT01007
Frequency of distributions:#|
JLTRUS02
5How often will distributions be made to the Grantors?
During the Grantors' joint lives, the Trustee shall distribute as much of the net income of this Trust as is necessary (or as much as the Grantors may designate) for the health, support, education, and maintenance of the Grantors. Enter the frequency of these distributions.
{NEXT_?}
[This section explains that upon the death of one of the Grantors, the Trust shall continue for the benefit of the surviving Grantor. Press [Ctrl+F1] for more information.]
DEATH OF A GRANTOR. Upon the death of the first of the Grantors to die (the "Decedent"), this trust shall continue for the benefit of the surviving Grantor (the "Surviving Grantor"), subject to distributions (if any) that may be required (i) by this Agreement, or (ii) to pay the just debts, funeral expenses, and expenses of last illness of the Decedent.
JLTRUS03
JLT03007
Yes. No person or organization shall be deemed to have survived the Grantor(s), unless such person or entity is also surviving on the thirtieth day after the death of the Grantor(s).
JLTRUS03
{Will beneficiaries be required to survive the Grantor(s) by 30 days in order to receive any distributions under this Trust?
Enter an X to state that a beneficiary must survive the Grantor that made the distribution by 30 days in order to receive the distribution.
JLT03008
Yes.It should be presumed that#|predeceasedsurvived.
JLTRUS03
oDo you wish to specify which Grantor should be presumed to have died first if both Grantors die simultaneously?
{NEXT_?}
Distribution:#|Beneficiary:#|
JLTRUS04
CWhat is the first specific distribution and who is the beneficiary?
JLT04005
the following Grantor:#| the following Grantor:#| both Grantors.
JLTRUS04
?This item shall be distributed upon the death of which Grantor?
Enter an X if the amount or item shall be distributed only upon the death of the following Grantor.
Enter an X if the amount or item shall be distributed only after both Grantors have died.
JLT04010
Name: |
JLTRUS04
"Who is the contingent beneficiary?
JLT04011
Distribution:#|
Beneficiary:#|
JLTRUS04
4What is the distribution and who is the beneficiary?
the following Grantor:
"#| the following Grantor:
$#| both Grantors.
JLTRUS04
?This item shall be distributed upon the death of which Grantor?
Enter an X if the amount or item shall be distributed only upon the death of the following Grantor.
Enter an X if the amount or item shall be distributed only after both Grantors have died.
%Name: |
JLTRUS04
"Who is the contingent beneficiary?
Yes, include additional distributions.
JLTRUS04
&9Do you wish to include additional specific distributions?
{NEXT_?}
Yes, specific distributions will be included.
JLTRUS04
BWill specific distributions be included in the Joint Living Trust?
JLT04003
{NEXT_?}
the following Grantor:
"#| the following Grantor:
$#| both Grantors.
JLTRUS05
?This item shall be distributed upon the death of which Grantor?
Enter an X if the amount or item shall be distributed only upon the death of the following Grantor.
Enter an X if the amount or item shall be distributed only after both Grantors have died.
%Name: |
JLTRUS05
"Who is the contingent beneficiary?
Yes, include additional distributions.
JLTRUS05
&9Do you wish to include additional specific distributions?
{NEXT_?}
Distribution:#|
Beneficiary:#|
JLTRUS05
4What is the distribution and who is the beneficiary?
the following Grantor:
"#| the following Grantor:
$#| both Grantors.
JLTRUS06
?This item shall be distributed upon the death of which Grantor?
Enter an X if the amount or item shall be distributed only upon the death of the following Grantor.
Enter an X if the amount or item shall be distributed only after both Grantors have died.
%Name: |
JLTRUS06
"Who is the contingent beneficiary?
Yes, include additional distributions.
JLTRUS06
&9Do you wish to include additional specific distributions?
{NEXT_?}
Distribution:#|
Beneficiary:#|
JLTRUS06
4What is the distribution and who is the beneficiary?
the following Grantor:
"#| the following Grantor:
$#| both Grantors.
JLTRUS07
?This item shall be distributed upon the death of which Grantor?
Enter an X if the amount or item shall be distributed only upon the death of the following Grantor.
Enter an X if the amount or item shall be distributed only after both Grantors have died.
%Name: |
JLTRUS07
"Who is the contingent beneficiary?
Yes, include additional distributions.
JLTRUS07
&0Do you wish to include additional distributions?
{NEXT_?}
Distribution:#|
Beneficiary:#|
JLTRUS07
4What is the distribution and who is the beneficiary?
the following Grantor:
"#| the following Grantor:
$#| both Grantors.
JLTRUS08
?This item shall be distributed upon the death of which Grantor?
Enter an X if the amount or item shall be distributed only upon the death of the following Grantor.
Enter an X if the amount or item shall be distributed only after both Grantors have died.
%Name: |
JLTRUS08
"Who is the contingent beneficiary?
Distribution:#|
Beneficiary:#|
JLTRUS08
4What is the distribution and who is the beneficiary?
Children (in equal shares)Trustee (Children's Trust option)Named beneficiaryHeirs-at-lawNamed beneficiaries (in equal shares or percentages)
JLTRUS09
EWho is the first choice to receive the residuary assets of the Trust?
HWhat is the name and address of the beneficiary of the residuary assets?
{NEXT_?}
Heirs-at-lawNamed beneficiaries (in equal shares or percentages)
JLTRUS11
^If the named beneficiary does not survive the Grantors, who will receive the residuary assets?
{NEXT_?}
If a child of the Grantors does not survive the Grantors, the deceased child's share shall be distributed in equal shares to the child(ren) of the deceased child. If the deceased child has no surviving children of his or her own, his or her share shall be distributed to the Grantors' other children, or to the Grantors' grandchildren, if necessary.
[The next question asks how the children's share should be distributed if the Grantors have no surviving descendants.]
JLTRUS12
JLT12190
Equal sharesPercentages
JLTRUS12
RHow will the Grantors' residuary assets be distributed to the named beneficiaries?
JLT12187
JLT12004
Yes, a Children's Trust will receive a share or percentage.
JLTRUS12
GWill part of the residuary assets be distributed to a Children's Trust?
Enter an X if a share or percentage of the residuary assets will be distributed to the Trustee, to be retained, managed, and distributed under the provisions of this Trust entitled "Trust Share for Children".
JLT12223
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JLTRUS12
GWhat percent of the residuary assets will the Children's Trust receive?
Enter the percentage of the residuary assets to be distributed to the Trustee, to be retained, managed, and distributed under the provisions of this Trust entitled "Trust Share for Children".
JLT12007
#2AP_n}%4CRap
|% [Percentages selected]&5DSbq
Name: |'6ETcr
Address 1: |(7FUds
Address 2: |)8GVet
City: |*9HWfu
State: |
#|% [Percentages Total]
JLTRUS12
0What is the name and address of the beneficiary?
1@O^m|
In equal shares to the other distributee(s) listed under this provision.+:IXgv
#| To the following beneficiary:,;JYhw
Name: |-<KZix
Address 1: |.=L[jy
Address 2: |/>M\kz
City: |0?N]l{
State: |
JLTRUS12
!cIf this person or organization does not survive the Grantors, how should this share be distributed?
Yes, the Grantors' child(ren) will receive a share or percentage.
JLTRUS12
AWill the Grantors' children receive part of the residuary assets?
JLT12222
JLT12004
JLTRUS12
IWhat percent of the residuary assets will the Grantors' children receive?
Enter the percentage of the residuary assets to be distributed to the Grantors' child(ren).
JLT12000
In equal shares to the other distributee(s) listed under this provision.To the Grantors' heirs-at-lawunder | law.To the following beneficiary:Name: |Address 1: |Address 2: |City: |State: |
JLTRUS12
\If the Grantors' children do not survive the Grantors, how should this share be distributed?
JLT12004
JLTRUS12
JLT12189
JLT12000
JLTRUS12
JLT12006
JLT12007
To provide for the support of#| the Grantors' child.the Grantors' children.any future children born to or adopted by the Grantors.
JLTRUS13
4What is the primary purpose of the Children's Trust?
Enter an X if the primary purpose of the Children's Trust is to provide for the health, support, maintenance, and education of the Grantors' child. You will be asked to enter the child's name, and you will be given the option to provide for future children as well. Press [Ctrl+F1] for more information.
Enter an X if the primary purpose of the Children's Trust is to provide for the health, support, maintenance, and education of the Grantors' children. You will be asked to enter the names of the children, and you will be given the option to provide for future children as well. Press [Ctrl+F1] for more information.
Yes, the Children's Trust is also intended to include any other children born to or adopted by the Grantors after the signing of this document.
JLTRUS13
JWill the Children's Trust provide for any future children of the Grantors?
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Name: |Include future children
JLTRUS13
(What is the name of the Grantors' child?
JLT13145
One-time distributionDistribution in three installments
JLTRUS13
sWill the final distribution of the remaining Children's Trust assets be made all at once, or in three installments?
Enter an X if the final distribution of the Children's Trust shall be made in three installments, with each child receiving the first one-third of their share immediately. The next two installments shall be paid when each child reaches two certain ages specified by the Grantor (for example, 25 and 30 years old).
JLT13038
{NEXT_?}
- age at initial disbursement- age at second disbursement- age at third disbursement
JLTRUS13
RWhat age must each child reach before the second and third disbursements are made?
{NEXT_?}
years old
JLTRUS13
{What age must all the children reach before the final distribution of the remaining assets of the Children's Trust is made?
JLT13036
*5@KV
!,7BMX|% [Percentages selected]
"-8CNYName: |
#.9DOZAddress 1: |
$/:EP[Address 2: |
%0;FQ\City: |
&1<GR]State: |
'2=HS^Zip: |
(3>IT_[Include country]
)4?JU`Country: |aaaaaaa|% [Percentages total]
JLTRUS14
a0What is the name and address of the beneficiary?
{NEXT_?}
JLT14053
Heirs-at-lawNamed beneficiaries (in equal shares or percentages)
JLTRUS14
[How will the Children's Trust be distributed if the Grantors have no surviving descendants?
JLT14148
{NEXT_?}
Equal sharesPercentages
JLTRUS14
`How will the remaining assets of the Children's Trust be distributed to the named beneficiaries?
JLT14053
JLTRUS15
{NEXT_?}
Hold Trust Assets as a Single FundCompensationLoans to BeneficiariesMethods of DistributionContinue Operation of Business
JLTRUS16
=Which of the following optional powers will the Trustee have?
{NEXT_?}
Yes, include the section.
JLTRUS16
1Do you wish to include additional Trustee powers?
Enter an X to select up to five OPTIONAL Trustee powers. (Standard Trustee powers will be included automatically.)
JLT16002
{NEXT_?}
Name: |City: |State: |
JLTRUS17
MWho will be appointed as successor Trustee if the Trustee is unable to serve?
JLT17014
days' written notice
JLTRUS17
XHow many days' written notice must the Trustee (or any successor) give before resigning?
JLT17009
JLTRUS17
After receiving written notice of the Trustee's resignation, how many days will the beneficiaries of the Trust have to designate a successor Trustee?
JLT17010
On at least a | basis.
JLTRUS17
THow often shall the Trustee provide an accounting of the Trust to the beneficiaries?
JLT17011
NO, bond will NOT be required.#| NO, bond will NOT be required if the Trustee is a Grantor or a corporate trustee.#| YES, bond WILL BE REQUIRED (unless the Trustee is a Grantor).
JLTRUS17
/Will the Trustee(s) be required to post a bond?
{NEXT_?}
Name: |City: |State: |
JLTRUS17
fWho, if anyone, will be appointed as an alternate Trustee if the successor Trustee is unable to serve?
If desired, enter the name of an alternate Trustee or use the P.I. Manager to select and paste a record. You are not required to name an alternate Trustee.
JLT17007
JLT17014
Yes, include successor Trustee section.
JLTRUS17
-Do you wish to designate a successor Trustee?
JLT17003
{NEXT_?}
Yes. Provided that a Grantor is mentally competent, such Grantor may direct any Trustee to purchase, sell, or retain any trust investment.
JLTRUS18
vWill a Grantor be allowed to control the Living Trust investments as long as he or she is mentally competent to do so?
{NEXT_?}
JLTRUS19
{NEXT_?}
State: |
JLTRUS20
7Which state's laws will govern this Joint Living Trust?
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JLTRUS21
{NEXT_?}
JLTRUS22
{NEXT_?}
JLTRUS23
{NEXT_?}
Name: |
JLTRUS24
(What is the name of the Grantors' child?
Enter the name of the child or edit the information as desired. Use the P.I. Manager to select and paste a record. If you chose the Children's Trust option, the program transfers the child's name from a previous section.
JLT24007
ALL children includedOne or more children NOT included
JLTRUS24
`Will the Grantors' child(ren) and/or future children be included as beneficiaries in this Trust?
JLT24035
{NEXT_?}
No childrenOne childTwo or more children
JLTRUS24
PHow many children do the Grantors have at the time of the signing of this Trust?
JLT24099
JLT24004
JLT24010
Yes, all references in this Trust to "our child" or "our children" include any child(ren) born to or adopted by us after the signing of this Trust.
JLTRUS24
|Should any references in this Trust to the Grantors' children be interpreted to include any future children of the Grantors?
{NEXT_?}
One child to be excludedSeveral children to be excluded
JLTRUS24
2How many children will be excluded from the Trust?
JLT24036
JLT24040
Name: |
JLTRUS24
BWhat is the name of the child who will be excluded from the Trust?
{NEXT_?}
This child is not included:This child is not included:This child is not included:This child is not included:This child is not included:
JLTRUS24
!PWhich of the Grantors' children are not included as beneficiaries in this Trust?
JLT24055
This child is not included:This child is not included:This child is not included:This child is not included:This child is not included:
JLTRUS24
"#$%&'()*+PWhich of the Grantors' children are not included as beneficiaries in this Trust?
Do you wish to include a section which clarifies whether the Grantors have children, and allows you to enter the names of the children?
JLT24009
{NEXT_?}
Yes. The failure of this Trust to provide for any distribution to the following person(s) or organization(s) is intentional:
JLTRUS25
vDo the Grantors wish to specify any individuals or organizations who have been intentionally excluded from this Trust?
{NEXT_?}
State: |
JLTRUS26
-Where will this Joint Living Trust be signed?
JLT26007
JLT26014
Yes, the following Trustee is a corporation.
JLTRUS26
Is this Trustee a corporation?
JLT26009
{NEXT_?}
Name: |Title: |
JLTRUS26
-Who will be signing on behalf of the Trustee?
{NEXT_?}
Yes, the following Co-Trustee is a corporation.
JLTRUS26
&Is the first Co-Trustee a corporation?
JLT26016
JLT26020
Name: |Title: |
JLTRUS26
6Who will be signing on behalf of the first Co-Trustee?
JLT26020
Yes, the following Co-Trustee is a corporation.
JLTRUS26
'Is the second Co-Trustee a corporation?
JLT26022
{NEXT_?}
Name: |Title: |
JLTRUS26
7Who will be signing on behalf of the second Co-Trustee?
{NEXT_?}
This section provides an acknowledgement paragraph that is completed by a Notary Public (or other officer authorized to take and certify acknowledgements and administer oaths) at the time the document is signed.
JLTRUS27
{NEXT_?}
This section provides an acknowledgement paragraph that is completed by a Notary Public (or other officer authorized to take and certify acknowledgements and administer oaths) at the time the document is signed.
JLTRUS28
{NEXT_?}
This section provides an acknowledgement paragraph that is completed by a Notary Public (or other officer authorized to take and certify acknowledgements and administer oaths) at the time the document is signed.
JLTRUS29
{NEXT_?}
This section provides an acknowledgement paragraph that is completed by a Notary Public (or other officer authorized to take and certify acknowledgements and administer oaths) at the time the document is signed.
JLTRUS30
{NEXT_?}
This section provides an acknowledgement paragraph that is completed by a Notary Public (or other officer authorized to take and certify acknowledgements and administer oaths) at the time the document is signed.
JLTRUS31
{NEXT_?}
This section provides a summary of the specific distributions that have been made in this Trust. The summary will print at the end of the document.
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