Austin Texas General Form of Revocable Trust Agreement

Category:
State:
Multi-State
City:
Austin
Control #:
US-01677BG
Format:
Word; 
Rich Text
Instant download

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.
Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

Trusted and secure by over 3 million people of the world’s leading companies

Austin Texas General Form of Revocable Trust Agreement