Plano Texas Forma General de Contrato de Fideicomiso Revocable - General Form of Revocable Trust Agreement

• Category: Fideicomisos - Revocables - Acuerdos - Connecticut
• State: Multi-State
• City: Plano
• Control #: US-01677BG
• Format: Word

Description

This form is a general form of a revocable trust agreement. Trusts can be revocable or irrevocable. The revocable trust can be amended or discontinued at any time. An irrevocable trust cannot be modified or discontinued. Individuals who use the revocable living trust transfer title of their property into the trust. They, as grantor, appoint themselves as the trustee (manager of the trust) and the beneficiary (receiver of the income). A revocable living trust does not constitute a gift, so there are no gift tax consequences in setting it up. Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.