Vivos Living Application With Resume

• Category: Trusts - Living Trusts
• State: Multi-State
• Control #: US-00616BG
• Format: Word; Rich Text

Description

The Vivos living application with resume is a structured legal form that facilitates the creation of a Charitable Remainder Inter Vivos Unitrust Agreement. This form is designed to enable grantors to transfer property into a trust, which then provides income to a designated recipient during their lifetime, with remaining assets allocated to a charitable organization after the recipient's death. Key features include the definition of trust assets, specifications for unitrust payments, and a process for charitable distributions. Users can fill this form by providing relevant details about the grantor, trustee, recipient, and property listed in an attached Schedule A. Editing options allow for adjustments in trustee appointments and charitable beneficiaries, ensuring the document remains flexible to the grantor's intentions. It serves various use cases, particularly for attorneys and paralegals assisting clients with estate planning, as well as for partners and owners of charitable organizations seeking to understand trust management. Associates and legal assistants can utilize this form to streamline charitable trust preparations, ensuring compliance with IRS regulations while respecting the grantor’s wishes.