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State:
Multi-State
Control #:
US-0684BG
Format:
Word; 
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Description

The Revocable Trust for Lifetime Benefit of Trustor for Lifetime Benefit of Surviving Spouse after Death of Trustor's with Annuity is designed to help individuals manage their assets for the benefit of their surviving spouse and heirs. The document allows the Trustor to grant property to a Trustee, who is responsible for managing and distributing the Trust estate according to specified conditions. Key features include the disposition of principal and income during the Trustor's lifetime, provisions for the spouse after the Trustor's death, and guidelines for the invasion of principal for the spouse's support. The form includes mechanisms for revocation and amendment, powers of the Trustee, and protections for beneficiaries through a spendthrift provision to shield the estate from creditors. Filling instructions specify how to designate beneficiaries and outline the Trustee's obligations, ensuring clarity in administration. Legal professionals, including attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for estate planning, providing a structured approach to managing trusts while addressing the needs of surviving family members. This form is essential in safeguarding both the Trustor's and the spouse's interests, making it a practical tool for family-oriented estate planning.
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