Trust Bequest Maintenance Bypass
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Description Pet Trust Care
A trust is a fiduciary relationship in which one party holds legal title to another's property for the benefit of a party (the beneficiary). An inter vivos trust is a trust that becomes effective during the lifetime of the settlor. A settlor is the person who creates a trust by a written trust declaration, and may transfer initial assets into the trust. A settlor is also referred to as a trustor, grantor, or a donor. A testamentary trust is created by a will to manage assets given to beneficiaries.
The following form is a clause for a trust that can be used in either an inter vivos trust or a testamentary trust. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
How To Fill Out Trust Short Form?
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Trust Bequest Sample FAQ
How does a pet trust work?
Can you leave an inheritance to a pet?
Can you name a pet as a beneficiary?
What happens to pets if owner dies?
Who can be a trust beneficiary?
Can a pet be a beneficiary?
What is a pet protection agreement?
Can an animal be a beneficiary of a trust?
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