IRREVOCABLE LIFE INSURANCE TRUST (FOR SURVIVORSHIP LIFE/SECOND-TO-DIE POLICY)
|
|
- Reynold McLaughlin
- 6 years ago
- Views:
Transcription
1 IRREVOCABLE LIFE INSURANCE TRUST (FOR SURVIVORSHIP LIFE/SECOND-TO-DIE POLICY) FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION. Specimen documents are made available for educational purposes only. This specimen form may be given to a client s attorney for consideration as a sample document, when requested. This specimen form shall not be given to a client. This document should not be used as drafted. It has not been adapted to the specific circumstances or objectives of any individual client, nor has it been prepared to meet the legal requirements of any particular state. Clients should be advised to seek legal counsel when entering into any transaction and in the preparation of all legal documents. All formalities required under applicable local law should be observed. ***** IRREVOCABLE TRUST AGREEMENT This irrevocable trust agreement is made this (day) of (month), (year), by and between (name of grantor), hereinafter referred to as "Grantor," and (name of trustee), hereinafter referred to as "Trustee." "Grantor's spouse" shall refer to (name of spouse). Grantor irrevocably transfers to Trustee the assets listed in Exhibit A attached to and made a part of this agreement, hereinafter sometimes called the "Trust Estate," to be held and administered by Trustee and its successors and assigns under the terms of this agreement, along with any other property that may be added to this trust from time to time. ARTICLE I USE OF TRUST ESTATE A. During the Lifetimes of Grantor and/or Grantor's Spouse 1. Trustee shall accumulate all trust income during the joint lifetimes of Grantor and Grantor's spouse, and during the lifetime of the survivor of them. 2. Within fifteen (15) days after the receipt of any property placed in this trust, Trustee shall give written notice to each adult child of Grantor or the guardian of each minor or Sample Document - Page 1 of 9
2 incapacitated child of Grantor, of such addition to the trust, and describe the property received. For a period of forty-five (45) days from the date of notification, the child or guardian may demand in writing to receive a share of the property equal to one (1) divided by the number of Grantor's then living children, multiplied by the total value of such addition to the trust received by Trustee. For purposes of this Article I.A.2., "the receipt of any property placed in this trust" shall mean any cash or other property, including life insurance policies or interests in said policies, which are transferred to Trustee to be held as part of the trust. 3. Notwithstanding the preceding provisions of this Article I, any power of withdrawal held by a child of Grantor shall terminate in any calendar year only to the extent of the greater of $5,000 or five percent (5%) of the trust property subject to the power(s), which property shall include that added to the trust after the creation of the power(s). The termination or partial termination of a power shall occur on the same date as the termination or partial termination of any new power created for the child in that year. If no new power is created, the power(s) will terminate on December 31 of said year, and each power then in existence shall terminate pro rata based on the total amount subject to the powers held by the child. 4. The power of withdrawal shall expire with respect to any child who is then subject to a bankruptcy proceeding. 5. Trustee may satisfy the exercise of a power of withdrawal by distributing to the child or guardian cash or other property of the trust, including life insurance policies or interests in said policies. B. At the Death of the Survivor of Grantor and Grantor's Spouse 1. Upon the death of the survivor of Grantor and Grantor's Spouse, Trustee shall have the power to pay, or apply for the benefit of, any child or children of Grantor such amounts of trust income or principal as Trustee, in its sole discretion, deems necessary for the health, education, maintenance and support of said child or children. Any such distribution shall not be charged against the share of principal to which such child is ultimately entitled under this trust. Trustee's power hereunder is subordinate to any powers of withdrawal under Article I.A. above. 2. Upon the death of the survivor of Grantor and Grantor's spouse, the remaining principal and any income shall be divided into as many equal shares as Grantor had children. Shares shall be distributed to the living child or children of Grantor who have attained the age of twenty-five (25) years and who is/are not mentally or physically incapacitated. In its discretion, Trustee may distribute a trust share to the guardian or person having the Sample Document - Page 2 of 9
3 care or custody of a child who is incapacitated or under the age twenty-five (25) if to do otherwise would subject the trust share to an undue administrative burden or cost. If a child of Grantor is deceased at the time of distribution, his or her share shall be distributed equally to the deceased child's lineal descendants; or, if there is none, the distribution shall be per stirpes among Grantor's living children. 3. If all beneficiaries described in Article I.B.2. above die prior to the total distribution of their shares in the trust, then the trust shall be divided into two (2) equal parts and one equal part distributed to the persons living who, if Grantor had died at that time, would be Grantor's next of kin under the then existing intestacy laws of the State of (name), in the proportions prescribed by such laws; and the other part distributed to the persons living who, if Grantor's spouse had died at that time, would have been the spouse's next of kin under the then existing intestacy laws of the State of (name), in the proportions prescribed by such laws. ARTICLE II MINORS AND DISABLED CHILDREN Trustee shall administer as one trust the trust shares of minor or physically or mentally incapacitated children of Grantor and Grantor's spouse as set forth in Article I.B.2. Trustee may distribute sums for this purpose from principal and income. Payments may be made directly to the children or to any guardian or other person having the care or custody of the children. Grantor intends that the above payments be made in the sole discretion of Trustee and in such proportions and to such children as Trustee deems necessary to provide for their health, education, maintenance and support, even if such payments are unequal among the children. Income and principal not distributed in Trustee's discretion shall be retained by Trustee and paid to the children upon reaching the age specified in Article I.B.2., or upon the termination of physical or mental incapacity. ARTICLE III LIFE INSURANCE POLICIES A. Trustee shall name itself owner and beneficiary of any life insurance policies transferred to or purchased by the trust. This trust agreement also shall apply to any converted or reissued life insurance policy received by Trustee in exchange for a policy forming part of the Trust Estate. B. Trustee has no duty to use trust income or principal to purchase life insurance policies, or to pay premiums to keep life insurance in force. Trustee may, in its sole discretion, pay premiums on policies owned by the trust. Trustee has no obligation with respect to any policy loans Grantor may have incurred on said policies prior to their transfer to the trust. Sample Document - Page 3 of 9
4 C. Payment of the life insurance proceeds by an insurance company to the beneficiary designated in the policy shall be a full discharge of said insurance company with respect to such policy, and such insurance company shall not be responsible for the performance of Trustee's duties under this trust agreement. ARTICLE IV TRUST BENEFITS ARE NONASSIGNABLE Neither the principal nor the income of any trust created by this agreement shall be liable for the debts of any beneficiary, and no beneficiary shall have the power to sell, assign, encumber, or anticipate in any manner his or her interest in the trust, or the income of the trust, prior to its actual distribution to the beneficiary. ARTICLE V POWERS OF TRUSTEE Trustee shall have the following powers and authorizations in addition to any other powers and authorizations granted by law or elsewhere in this trust agreement: A. To retain cash or other property transferred to the trust, whether or not such property is authorized for investment. B. To make bona fide loans to any person, including a trust beneficiary, or to the estate of Grantor or Grantor's spouse. C. To sell, exchange, mortgage or lease any assets of the trust for a term ending within or extending beyond the term of the trust. D. To invest in any securities and properties it deems advisable, including, but not limited to, common stock, preferred stock, mutual funds, and corporate and government debt instruments. E. To exercise all rights of ownership over any property held in trust, and settle, compromise or submit for arbitration all claims due from or to the trust. F. To borrow money for any purpose incidental to the administration of the trust for the protection of trust assets, and to mortgage or pledge trust assets for payment. Sample Document - Page 4 of 9
5 G. To divide or distribute the trust whenever required, in whole or in part, in cash, securities or other property, or undivided interests. In making such a division or distribution, the judgment of the Trustee concerning its suitability as a trust investment and its valuation shall be binding on all parties. H. To purchase at fair market value (as of the date of purchase) assets from the estates of Grantor and Grantor's spouse, if, in Trustee's sole discretion, such purchases are in the best interests of the trust beneficiaries. I. To receive reasonable compensation for its services; to pay all reasonable expenses and charges of the trust; to allocate expenses, charges and credits between principal and income in accordance with applicable trust accounting rules, and to charge Trustee's customary annual fee to income. J. To employ brokers, bankers, custodians, investment counsel, attorneys, and other agents and to delegate to them such duties as Trustee deems proper, without liability for error or omission of such person retained with reasonable care and prudence. K. If the Trust Estate includes business interests formerly owned by Grantor or Grantor's spouse, Trustee is authorized to exercise all powers with respect to such business interests, as Trustee, in its sole discretion, deems advisable. L. If Grantor creates another trust or trusts, which trust provisions or trust shares are substantially the same as those in this trust, then, after the deaths of Grantor and Grantor's spouse, Trustee in its sole discretion may merge this trust with such other trust or trusts. M. If Trustee determines that continuation of the trust would be contrary to the best interests of the beneficiaries by reason of legislation, unforeseen circumstances, or because the value of the trust assets has reached such a level that, in Trustee's judgment, the continued administration of the trust would be burdensome and uneconomical, Trustee may terminate the trust. The principal and undistributed income of the terminated trust shall be distributed to those persons entitled to receive the trust income or shall be accumulated for their benefit. N. To execute and deliver all written instruments necessary or appropriate for the exercise of any Trustee power. O. To insure the life of any individual, or the joint lives of any individuals, in whom any trust beneficiary has an insurable interest. Sample Document - Page 5 of 9
6 ARTICLE VI TRUST ADDITIONS With the approval of Trustee, Grantor, Grantor's Spouse, or any other person may transfer cash, securities, life insurance policies, or other property to the trust by lifetime gift or testamentary transfer. All such additions shall be subject to the terms and conditions of this trust agreement. ARTICLE VII IRREVOCABLE TRUST This trust is irrevocable. Grantor relinquishes forever any power to terminate, revoke, alter, or amend the trust, or to exercise any dominion and control over any property transferred to the trust. ARTICLE VIII SUCCESSOR TRUSTEE A. Upon the death of the survivor of Grantor and Grantor's spouse, (name of Trustee) shall cease to serve as Trustee of this trust. At that time, (name of successor trustee) shall become successor trustee. The successor trustee shall have all the powers, rights, and duties of the original trustee. B. In addition, following the death of the survivor of Grantor and Grantor's spouse, a majority of the income beneficiaries of the trust may remove the trustee and substitute another trustee. The removal and appointment of another successor trustee shall be made in writing. C. trustee may resign at any time. The resignation shall not be effective until a successor trustee is appointed. D. At no time and in no event shall Grantor or Grantor's spouse be appointed as trustee. ARTICLE IX TRUST SITUS The State (or Commonwealth) of (name) is designated as the situs of the trust created under this agreement, and all questions pertaining to the validity and construction of this trust instrument or the administration of such trust shall be determined in accordance with the laws of (name) regardless of the jurisdiction in which this trust may at any time be administered. Sample Document - Page 6 of 9
7 ARTICLE X TRUSTEE'S FEES The fees of the Trustee shall be (state amount or specify how determined). ARTICLE XI CONSTRUCTION OF TERMS A. The terms "child," "children," "issue," and other similar terms shall refer both to natural children and their descendants, and to children by adoption and their descendants. [The draftsman should clarify how stepchildren will be treated if pertinent to the Grantor's family situation.] B. The term "Trustee" and any pronoun used to indicate the Trustee, or any beneficiary, shall be deemed to apply to one or more than one person and/or corporation or entity and to the masculine, feminine and/or neuter genders as the case may be. ARTICLE XII TRUSTEE'S BOND Grantor directs that any fiduciary acting under the trust created by this agreement shall not be required to enter bond or other security. ARTICLE XIII ENTIRE AGREEMENT This agreement represents the final and entire agreement between the parties, and supersedes all prior or contemporaneous agreements, express or implied, written or unwritten. ARTICLE XIV SEVERABILITY OF PROVISIONS If any part of this agreement is held to be invalid or otherwise unenforceable, the remainder of the agreement shall remain in force and effect to the full extent permitted by law. IN WITNESS WHEREOF, Grantor and Trustee, by its duly authorized officer, have executed this agreement on the date first written above. GRANTOR Sample Document - Page 7 of 9
8 (typed name of Grantor) TRUSTEE (typed name of Trustee) EXHIBIT A [Here list and describe assets transferred to the trust, including life insurance policies.] ***** Sample Document - Page 8 of 9
9 This information is provided by American General Life Insurance Company (AGL) and The United States Life Insurance Company in the City of New York (US Life), members of American International Group, Inc. (AIG). All companies mentioned, their employees, financial professionals, and other representatives, are not authorized to give legal, tax, or accounting, advice, including the drafting or execution of any legal document. Applicable laws and regulations are complex and subject to change. Any tax statements in this material are not intended to suggest the avoidance of U.S. federal, state or local tax penalties. AGL and US Life shall not be liable for any loss or damage caused by the use of, or reliance on, the tax, accounting, legal, investment or financial items contained in this material. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION All rights reserved. Sample Document - Page 9 of 9
***** THE FAMILY TRUST AGREEMENT. THIS trust agreement is hereby entered between of, as Grantor and as Trustee for the Family Trust.
DYNASTY TRUST FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION. Specimen documents are made available for educational purposes only. This specimen form may be given to a client s attorney
More informationTHE PETER JONES IRREVOCABLE TRUST
THE PETER JONES IRREVOCABLE TRUST This trust agreement is effective as of June 1, 2009, by PETER JONES, currently residing at 789 Main St., Anywhere, UT (the "Grantor"), and the Grantor s wife, LAURA JONES,
More informationSOLE PROPRIETORSHIP BUYOUT AGREEMENT (A.K.A. ONE-WAY BUY-SELL AGREEMENT)
SOLE PROPRIETORSHIP BUYOUT AGREEMENT (A.K.A. ONE-WAY BUY-SELL AGREEMENT) FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION. Specimen documents are made available for educational purposes
More informationSECTION 2503(C) MINOR'S TRUST
SECTION 2503(C) MINOR'S TRUST FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION. Specimen documents are made available for educational purposes only. This specimen form may be given to a
More informationFor Preview Only - Please Do Not Copy
Information & Instructions: Irrevocable inter vivos trust 1. This is trust is irrevocable which means that once the gift is made to the trust, the maker or donor, cannot undo the gift and get the gift
More informationCORPORATE STOCK REDEMPTION AGREEMENT
CORPORATE STOCK REDEMPTION AGREEMENT FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION. Specimen documents are made available for educational purposes only. This specimen form may be given
More informationTHE JOHN DOE REVOCABLE TRUST
THE JOHN DOE REVOCABLE TRUST This Agreement is being executed this day of 20, between JOHN DOE of 100 Ocean Avenue, Coastville, Florida (hereinafter referred to as the "Settlor"), and his wife JANE DOE.
More informationWILL WITH TESTAMENTARY TRUST
WILL WITH TESTAMENTARY TRUST FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION. Specimen documents are made available for educational purposes only. This specimen form may be given to a client
More informationFLEXIBLE IRREVOCABLE LIFE INSURANCE TRUST (CAN BE USED WITH EITHER INDIVIDUAL OR SURVIVORSHIP LIFE POLICIES) EXPLANATION FOR LEGAL COUNSEL
Estate Planning FLEXIBLE IRREVOCABLE LIFE INSURANCE TRUST (CAN BE USED WITH EITHER INDIVIDUAL OR SURVIVORSHIP LIFE POLICIES) For Attorney Use Only. This specimen form may be given to the client's attorney
More informationLIVING TRUST IRREVOCABLE TRUST
LIVING TRUST IRREVOCABLE TRUST Trust Agreement made between I, Peter Miller Residing at : 1287 Pine Avenue Dallas, County of, Las Collinas State of Texas Herein referred to as Grantor and, George Summerlin.
More informationREVOCABLE LIVING TRUST
Legal Note: The Documents here are provided for your information and that of your immediate family only. You are not permitted to copy any document provided to you. Each of these Documents provided are
More informationDECLARATION OF TRUST CREATING THE CABIN TRUST
This form submitted by Fellow: Thomas Christensen, Jr. Blackburn & Stoll, LC 77 West 200 South, Suite 400 Salt Lake City, Utah 84101 Direct: (801) 578-3522 E-mail: tchristensen@blackburn-stoll.com DECLARATION
More informationCHILDREN S TRUST ARTICLE I TRANSFER IN TRUST
CHILDREN S TRUST ARTICLE I TRANSFER IN TRUST For good and valuable consideration, the Undersigned hereby transfers and delivers to the Trustee the property listed in Schedule "A", annexed hereto, to have
More informationMICHIGAN REVOCABLE LIVING TRUST OF
MICHIGAN REVOCABLE LIVING TRUST OF This Revocable Living Trust dated day of, 20, by and between: GRANTOR with a mailing address of (referred to as the Grantor, ) and TRUSTEE with a mailing address of (referred
More informationSPLIT-DOLLAR LIFE INSURANCE AGREEMENT (COLLATERAL ASSIGNMENT, EQUITY, TERM LOAN)
SPLIT-DOLLAR LIFE INSURANCE AGREEMENT (COLLATERAL ASSIGNMENT, EQUITY, TERM LOAN) FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION. Specimen documents are made available for educational purposes
More informationSPLIT-DOLLAR LIFE INSURANCE AGREEMENT (ENDORSEMENT METHOD, EMPLOYER-PAY-ALL, NON-EQUITY)
SPLIT-DOLLAR LIFE INSURANCE AGREEMENT (ENDORSEMENT METHOD, EMPLOYER-PAY-ALL, NON-EQUITY) FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION. Specimen documents are made available for educational
More informationFOR EDUCATIONAL PURPOSES ONLY
THE (TRUST NAME) CHARITABLE REMAINDER ANNUITY TRUST This TRUST AGREEMENT is made and is effective on this day of (MONTH), (TRUSTEE), by and between (DONOR), residing at (DONOR'S ADDRESS), as the Donor
More informationARTICLES OF LIMITED PARTNERSHIP
ARTICLES OF LIMITED PARTNERSHIP FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION. Specimen documents are made available for educational purposes only. This specimen form may be given to
More informationI/We enclose a fully executed copy of the Trustee Amendment for your records. I/We would also like to provide you with the information listed below.
Dear Fiduciary Support: I/We enclose a fully executed copy of the Trustee Amendment for your records. I/We would also like to provide you with the information listed below. 1. Choose one: I/We have already
More informationFOR EDUCATIONAL ONLY
THE (TRUST NAME) CHARITABLE REMAINDER UNITRUST This TRUST AGREEMENT is made and is effective on this day of (MONTH), (YEAR), by and between (DONOR 1) and (DONOR 2), residing at (DONORS' ADDRESS), as the
More informationTHE LIVING TRUST. TRUST AGREEMENT signed this day of, 20 by. (hereafter "Settlor,"), and trustee. (hereafter "trustee). ESTABLISHMENT OF TRUST
THE LIVING TRUST OF TRUST AGREEMENT signed this day of, 20 by (hereafter "Settlor,"), and trustee (hereafter "trustee). (Note: Generally, to begin with, the 'settlor' and the 'trustee' are the same person(s)
More informationCity of Madison POST-RETIREMENT SICK LEAVE CONVERSION MEDICAL REIMBURSEMENT PLAN 1
City of Madison POST-RETIREMENT SICK LEAVE CONVERSION MEDICAL REIMBURSEMENT PLAN 1 ARTICLE I CREATION AND PURPOSE Effective the date and year indicated below, The City of Madison Wisconsin (the City ),
More informationEdward Jones Trust Company Traditional Individual Retirement Account Trust Agreement
Edward Jones Trust Company Traditional Individual Retirement Account Trust Agreement (Under Section 408(a) of the Internal Revenue Code) IRS Form 5305 (Rev. March 2002) This Trust Agreement is incorporated
More informationThe Charles Schwab Corporation
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationENGILITY HOLDINGS, INC. EMPLOYEE STOCK PURCHASE PLAN ARTICLE I. INTRODUCTION
ENGILITY HOLDINGS, INC. EMPLOYEE STOCK PURCHASE PLAN ARTICLE I. INTRODUCTION 1.1 ESTABLISHMENT OF PLAN. Engility Holdings, Inc., a Delaware corporation (the Company ), adopts the following nonqualified
More informationF19 Irrevocable Life Insurance Trust (One Life Insured)
Irrevocable Life Insurance Trust (One Life Insured) [NAME OF SETTLOR] IRREVOCABLE FAMILY TRUST TRUST AGREEMENT THIS TRUST AGREEMENT is made this day,, 20, by and between [NAME OF SETTLOR], an individual
More informationFORT POINT CABINET MAKERS, LLC OPERATING AGREEMENT
FORT POINT CABINET MAKERS, LLC OPERATING AGREEMENT THIS OPERATING AGREEMENT of Fort Point Cabinet Makers, LLC (the LLC ), dated as of February 17, 2006, is among xxx,xxx,xxx,xxx,,, (collectively, the Members,
More informationFOR EDUCATIONAL ONLY
THE (TRUST NAME) CHARITABLE REMAINDER UNITRUST This TRUST AGREEMENT is made and is effective on this day of (MONTH), (YEAR), by and between (DONOR), residing at (DONORS' ADDRESS), as the Donor and (TRUSTEE),
More informationEdward Jones Trust Company Roth Individual Retirement Account Trust Agreement
Edward Jones Trust Company Roth Individual Retirement Account Trust Agreement (Under Section 408A of the Internal Revenue Code) IRS Form 5305-R (Rev. March 2002) This Trust Agreement is incorporated into
More informationDALLAS AREA RAPID TRANSIT EMPLOYEES DEFINED BENEFIT RETIREMENT PLAN AND TRUST
DALLAS AREA RAPID TRANSIT EMPLOYEES DEFINED BENEFIT RETIREMENT PLAN AND TRUST As Restated Effective October 1, 2015 (except as otherwise provided herein) DART EMPLOYEES DEFINED BENEFIT RETIREMENT PLAN
More information457(b) Deferred Compensation Plan
Preamble Article I - Definitions 1.1 Account 1.2 Administrator 1.3 Adoption Agreement 1. Beneficiary 1. Code 1. Contribution 1. Eligible Individual 1.8 Employee 1.9 Employer 1. Governmental Employer 1.11
More informationThe Vanguard 403(b)(7) Individual Custodial Account Agreement
The Vanguard 403(b)(7) Individual Custodial Account Agreement The Vanguard 403(b)(7) Individual Custodial Account Agreement The Vanguard 403(b)(7) Individual Custodial Account Agreement is intended to
More informationLUTHERAN SOCIAL SERVICE OF MINNESOTA S NORTH DAKOTA SELF-SETTLED POOLED TRUST AGREEMENT
LUTHERAN SOCIAL SERVICE OF MINNESOTA S NORTH DAKOTA SELF-SETTLED POOLED TRUST AGREEMENT THIS POOLED TRUST AGREEMENT effective this 1st day of June, 2016, and shall be referred to as (the Trust Agreement
More informationADOPTION AGREEMENT AND PLAN DOCUMENT. 403(b)(7)
ADOPTION AGREEMENT AND PLAN DOCUMENT 403(b)(7) ADOPTION AGREEMENT AND PLAN DOCUMENT 403(b)(7) CUSTODIAL ACCOUNT AGREEMENT This agreement creates a tax sheltered custodial account authorized under Section
More informationLIVING TRUST. Sample Preview
LIVING TRUST DECLARATION OF TRUST, made as of this day of, 20XX, between NAME OF GRANTOR, having an address at ADDRESS, CITY, STATE, ZIP, as grantor (hereinafter referred to as the "Grantor"), and NAME
More informationRabbi Trust Agreement
Rabbi Trust Agreement 717 17th Street, Suite 1700 Denver, CO 80202-3331 Please direct mail to: Toll Free: 877-270-6892 PO Box 17748 Fax: 303-293-2711 Denver, CO 80217-0748 www.tdameritradetrust.com THIS
More informationCUSTODIAL AGREEMENT SIMPLE IRA
Page 1 of 9 IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT: To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions
More informationSample Trusts Elizabeth Forspan, Esq.
Sample Trusts by Elizabeth Forspan, Esq. Ronald Fatoullah & Associates Great Neck 79 80 DISCLAIMER: This form is for educational purposes only and is only meant as a sample form, which should not be relied
More informationCUSTODIAL AGREEMENT TRADITIONAL AND SEP IRA
If establishing a SEP-IRA, please also read the IRS Form 5305-SEP. Page 1 of 10 IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT To help the government fight the funding of terrorism and
More informationTHE ARC OF TEXAS MASTER POOLED TRUST IV. DECLARATION OF TRUST (A Self-Settled, Grantor Trust)
THE ARC OF TEXAS MASTER POOLED TRUST IV DECLARATION OF TRUST (A Self-Settled, Grantor Trust) Adopted: December 2, 2000 Table of Contents Master Pooled Trust IV P R E A M B L E 1 ARTICLE I NAME OF THE TRUST
More informationFlexible trust TRAINING USE ONLY
TRAINING USE ONLY For customers Personal Protection Flexible trust Split trust retained and gifted benefits Survivorship option for joint life first death policies Choice of governing law Page 1 of 9 Completion
More informationSAMPLE DECLARATION OF TRUST. The John Doe Living Trust (the Trust )
DECLARATION OF TRUST The John Doe Living Trust (the Trust ) This DECLARATION OF TRUST (this Declaration ) is made and executed on the date below by and between the herein-named grantors and trustees. This
More informationTRADITIONAL & ROTH IRA CUSTODIAL AGREEMENT
TRADITIONAL & ROTH IRA CUSTODIAL AGREEMENT Unless otherwise provided, all provisions of the Custodial Agreement will apply both to any Roth IRA or Traditional IRA established hereunder. ARTICLE I DEFINITIONS
More informationMASTER TRUST I THE ARC OF NEW MEXICO Pooled Trust (A Trust for Persons with Disabilities)
MASTER TRUST I THE ARC OF NEW MEXICO Pooled Trust (A Trust for Persons with Disabilities) THIS AGREEMENT OF TRUST is executed this 8th day of April, 1998, by The Arc of New Mexico, a New Mexico not-for-profit
More informationDECLARATION OF THIRD PARTY SUPPLEMENTAL NEEDS TRUST THIS IS A BINDING LEGAL DOCUMENT. YOU ARE ADVISED TO OBTAIN PROFESSIONAL ADVICE BEFORE SIGNING.
DECLARATION OF THIRD PARTY SUPPLEMENTAL NEEDS TRUST THIS IS A BINDING LEGAL DOCUMENT. YOU ARE ADVISED TO OBTAIN PROFESSIONAL ADVICE BEFORE SIGNING. This Declaration of Third Party Supplemental Needs Trust
More informationDIOCESE OF CENTRAL FLORIDA, INCORPORATED CAFETERIA PLAN (AMENDED AND RESTATED EFFECTIVE JANUARY 1, 2016)
DIOCESE OF CENTRAL FLORIDA, INCORPORATED CAFETERIA PLAN (AMENDED AND RESTATED EFFECTIVE JANUARY 1, 2016) TABLE OF CONTENTS ARTICLE I DEFINITIONS ARTICLE II PARTICIPATION 2.1 ELIGIBILITY... 3 2.2 EFFECTIVE
More informationThe Educational Employees' Supplementary Retirement System of Fairfax County. Benefit Restoration Plan
The Educational Employees' Supplementary Retirement System of Fairfax County Benefit Restoration Plan Adopted September 12, 2006 Amended June 19, 2008 i Benefit Restoration Plan The Educational Employees
More informationBOSTON BAR ASSOCIATION. November 15, 2011 DURABLE POWER OF ATTORNEY SAMPLE PROVISIONS
BOSTON BAR ASSOCIATION November 15, 2011 DURABLE POWER OF ATTORNEY SAMPLE PROVISIONS I. Gifting A. Limits on Class 1. Power to Make Gifts or Release Interests: To make gifts, grants, or other transfers,
More informationCANADIAN BANK NOTE COMPANY, LIMITED EMPLOYEES' PENSION PLAN. (As amended and restated effective September 1, 2014)
CANADIAN BANK NOTE COMPANY, LIMITED EMPLOYEES' PENSION PLAN September 2014 TABLE OF CONTENTS PART I GENERAL PLAN PROVISIONS... 3 SECTION I FOREWORD... 3 SECTION II DEFINITIONS... 4 SECTION III ELIGIBILITY
More informationFranklin Templeton IRA
Custodial Agreements and Disclosure Statements Franklin Templeton IRA Traditional IRA Rollover IRA Roth IRA SEP IRA SIMPLE IRA Table of Contents Applies to the following products: Traditional Rollover
More informationAMERICAN FEDERATION OF MUSICIANS AND EMPLOYERS PENSION FUND Procedures for Determining the Qualified Status of a State Domestic Relations Order
AMERICAN FEDERATION OF MUSICIANS AND EMPLOYERS PENSION FUND Procedures for Determining the Qualified Status of a State Domestic Relations Order Under current law, the American Federation of Musicians and
More information457(b) Deferred Compensation Plan
Preamble Article I - Definitions 1.1 Account 1.2 Administrator 1.3 Adoption Agreement 1. Beneficiary 1. Code 1.6 Contribution 1.7 Eligible Individual 1.8 Employee 1.9 Employer 1.10 Governmental Employer
More information403(b)(7) Custodial Account Agreement
403(b)(7) Custodial Account Agreement The purpose of this Agreement is to establish a custodial account authorized under Code Section 403(b)(7) and, where applicable, to satisfy the written plan requirements
More information457(b) ELIGIBLE DEFERRED COMPENSATION PLAN
Common Purpose. Uncommon Commitment. 457(b) ELIGIBLE DEFERRED COMPENSATION PLAN CUNA Mutual Group Proprietary Reproduction, Adaptation or Distribution Prohibited CUNA Mutual Group TABLE OF CONTENTS ARTICLE
More informationState Farm Mutual Funds SIMPLE Individual Retirement Account Custodial Account Agreement
State Farm Mutual Funds SIMPLE Individual Retirement Account Custodial Account Agreement The Participant, by signing the State Farm Mutual Funds SIMPLE IRA Application (the Application ), and State Farm
More informationOPERATING AGREEMENT OF A GEORGIA LIMITED LIABILITY COMPANY
OPERATING AGREEMENT OF A GEORGIA LIMITED LIABILITY COMPANY THIS OPERATING AGREEMENT ("Agreement") is entered into the day of, 20, by and between the following persons: 1. 2. 3. 4. hereinafter, ("Members"
More informationAGRIBANK DISTRICT PENSION RESTORATION PLAN (AMENDED THROUGH JANUARY 1, 2018)
AGRIBANK DISTRICT PENSION RESTORATION PLAN (AMENDED THROUGH JANUARY 1, 2018) TABLE OF CONTENTS PREAMBLE ARTICLE I, DEFINITIONS Section 1.01 401(k) Plan... 1.1 Section 1.02 Actuarial Equivalent... 1.1 Section
More informationRevenue Service Internal Revenue Service
Form 5305-A Traditional Individual Retirement Custodial Account Do not file (Rev. April 2017) (Under Section 408(a) of the Internal Revenue Code) with the Internal Department of the Treasury Revenue Service
More informationFLEXIBLE BENEFITS ( 125) PLAN. Dunlap Community Unit School District #323
FLEXIBLE BENEFITS ( 125) PLAN Dunlap Community Unit School District #323 August 20, 2010 ARTICLE I FLEXIBLE BENEFITS PLAN DEFINITIONS TABLE OF CONTENTS PAGE 1 ARTICLE II PARTICIPATION 3 2.01 ELIGIBILITY
More informationAttachment D SAMPLE FULL FORM QPRT TRUST AGREEMENT CREATING THE SMITH 2010 RESIDENCE TRUST. 1 Article 2 RECITALS
Attachment D SAMPLE FULL FORM QPRT TRUST AGREEMENT CREATING THE SMITH 2010 RESIDENCE TRUST I, MARY SMITH, as Settlor, hereby declare that I have transferred to myself, as Trustee, all of my interests in
More informationFidelity Personal Trust Company, FSB Special Provisions
Fidelity Personal Trust Company, FSB Special Provisions These Special Provisions have been prepared to help you and your attorney draft trust documents in which you name Fidelity Personal Trust Company,
More informationAMERICANA BUILDING PRODUCTS, INC. SECTION 125 PREMIUM ONLY PLAN AND ALL SUPPORTING FORMS HAVE BEEN PRODUCED FOR BENEFIT PLANNING CONSULTANTS, INC.
AMERICANA BUILDING PRODUCTS, INC. SECTION 125 PREMIUM ONLY PLAN AND ALL SUPPORTING FORMS HAVE BEEN PRODUCED FOR BENEFIT PLANNING CONSULTANTS, INC. Copyright 2015 SunGard All Rights Reserved AMERICANA BUILDING
More informationRevenue Service Internal Revenue Service
Form 5305-SA SIMPLE Individual Retirement Custodial Account Do not file (Rev. April 2017) (Under Section 408(p) of the Internal Revenue Code) with the Internal Department of the Treasury Revenue Service
More informationOPERATING AGREEMENT OF {NAME}
OPERATING AGREEMENT OF {NAME} THIS OPERATING AGREEMENT (the Agreement ) is made this day of, 20, by and among {Name}, an Ohio limited liability company (the Company ), and the undersigned members of the
More informationTHE JEWISH LOS ANGELES THIRD PARTY POOLED SPECIAL NEEDS TRUST. Dated February 1, 2017
THE JEWISH LOS ANGELES THIRD PARTY POOLED SPECIAL NEEDS TRUST Dated February 1, 2017 A Pooled Master Trust Serving the Needs of Persons with Disabilities in the Greater Los Angeles Area Jewish Los Angeles
More informationDelaware. The First State I, JEFFREY W. BULLOCK, SECRETARY OF STATE OF THE STATE OF DELAWARE, DO HEREBY CERTIFY THE ATTACHED IS A TRUE AND CORRECT
Delaware The First State Page 1 I, JEFFREY W. BULLOCK, SECRETARY OF STATE OF THE STATE OF DELAWARE, DO HEREBY CERTIFY THE ATTACHED IS A TRUE AND CORRECT COPY OF THE RESTATED CERTIFICATE OF DROPBOX, INC.,
More informationSECULAR TRUST ***** Sample Document - Page 1 of 12
SECULAR TRUST FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION. Specimen documents are made available for educational purposes only. This specimen form may be given to a client s attorney
More informationState Farm Mutual Funds Traditional Individual Retirement Account Custodial Account Agreement
State Farm Mutual Funds Traditional Individual Retirement Account Custodial Account Agreement The Participant by signing the State Farm Mutual Funds Traditional IRA Application (the Application ), and
More informationCHARITABLE REMAINDER TRUST. THIS AGREEMENT made this day of, 20.
SAMPLE Charitable Remainder Trust Agreement Draft agreement for a charitable remainder trust where a trust company, the charity, or an individual named by the donor is the trustee. Where the donor is to
More informationELECTRICIANS LOCAL UNION NO. 606 PENSION-ANNUITY FUND AMENDMENT, RESTATEMENT AND CONTINUATION RULES AND REGULATIONS
ELECTRICIANS LOCAL UNION NO. 606 PENSION-ANNUITY FUND AMENDMENT, RESTATEMENT AND CONTINUATION OF RULES AND REGULATIONS Effective January 1, 2015 (Except as Otherwise Noted Herein) AMENDMENT, RESTATEMENT
More informationCUSTODIAL AGREEMENT ROTH IRA
Page 1 of 9 IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions
More informationFREE CHURCH MINISTERS AND MISSIONARIES PENSION PLAN. (As Amended and Restated Generally Effective January 1, 2016)
FREE CHURCH MINISTERS AND MISSIONARIES PENSION PLAN (As Amended and Restated Generally Effective January 1, 2016) TABLE OF CONTENTS Page ARTICLE I FCMM Pension Plan... 1 ARTICLE II General Definitions...
More informationPORTLAND COMMUNITY COLLEGE TAX-DEFERRED ANNUITY
PORTLAND COMMUNITY COLLEGE TAX-DEFERRED ANNUITY Amended and Restated Effective January 1, 2009 TABLE OF CONTENTS ARTICLE I - PLAN 2 1.1 Name of Plan 2 1.2 Plan Documents 2 1.3 Records of Current and Former
More informationMETROPOLITAN WASHINGTON COUNCIL OF GOVERNMENTS PENSION PLAN
EXECUTION COPY METROPOLITAN WASHINGTON COUNCIL OF GOVERNMENTS PENSION PLAN (Amended and Restated Effective as of July 1, 2008 and Incorporating All Amendments Adopted On or After October 1, 2000, and through
More informationProfile 403(b) Group Custodial Account Agreement
Profile 403(b)(7) Group Custodial Agreement Article I - Description of Account This Agreement sets forth the terms of a custodial account established by Employer for employees of the Employer who elect
More informationTrust Agreement. same meanings as provided under the Plan, unless the context clearly indicates otherwise, as determined by the Trustee.
Trust Agreement 717 17th Street, Suite 1700 Denver, CO 80202-3331 Please direct mail to: Toll Free: 877-270-6892 PO Box 17748 Fax: 303-293-2711 Denver, CO 80217-0748 www.tdameritradetrust.com THIS TRUST
More informationHoldings Certificate of Incorporation
Holdings Certificate of Incorporation CBOE Holdings, Inc., a corporation organized under the laws of the State of Delaware (the "Corporation"), hereby certifies as follows: 1. The name of the Corporation
More informationTHE [ ] INSURANCE TRUST AGREEMENT
THE [ ] INSURANCE TRUST AGREEMENT THIS Trust is created under the following terms as of, 20, by and between, (hereinafter Settlor ) and Provident Trust Group, LLC (hereinafter Trustee ). WHEREAS, the purpose
More informationST. OLAF COLLEGE MATCHED SAVINGS PLAN (effective as of January 1, 2009)
ST. OLAF COLLEGE MATCHED SAVINGS PLAN (effective as of January 1, 2009) TABLE OF CONTENTS Page ARTICLE I. HISTORY, RESTATEMENT AND PURPOSE OF PLAN...1 Section 1.1 Plan History...1 Section 1.2 Restatement...1
More informationHSA CUSTODIAL AGREEMENT AND DISCLOSURE
HSA CUSTODIAL AGREEMENT AND DISCLOSURE April 10, 2017 BBT.com Member FDIC HSA CUSTODIAL AGREEMENT AND DISCLOSURE Table of Contents Health Savings Account Custodial Agreement... 1 Health Savings Account
More informationThe Educational Employees' Supplementary Retirement System of Fairfax County. ERFC 2001 Benefit Plan Structure
The Educational Employees' Supplementary Retirement System of Fairfax County ERFC 2001 Benefit Plan Structure effective January 1, 2016 2 THE EDUCATIONAL EMPLOYEES OF FAIRFAX COUNTY DEFINED BENEFIT PLAN
More informationSPCA TAMPA BAY POOLED PET TRUST
SPCA TAMPA BAY POOLED PET TRUST THIS DECLARATION OF TRUST is made on this fl11t;.y of JMiu~20!8, by SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS, TAMPA BA FL, INC., a Non-Profit Corporation organized
More informationHERMENZE & MARCANTONIO LLC ESTATE PLANNING PRIMER FOR SINGLE, DIVORCED, AND WIDOWED PEOPLE (Connecticut)
HERMENZE & MARCANTONIO LLC ESTATE PLANNING PRIMER FOR SINGLE, DIVORCED, AND WIDOWED PEOPLE - 2017 (Connecticut) I. Purposes of Estate Planning. II. A. Providing for the distribution and management of your
More informationExhibit A ARTICLE XI MONEY PURCHASE PROVISIONS FOR FULL-TIME NON-UNIFORMED EMPLOYEES HIRED ON OR AFTER OCTOBER 1, 2018
Exhibit A ARTICLE XI MONEY PURCHASE PROVISIONS FOR FULL-TIME NON-UNIFORMED EMPLOYEES HIRED ON OR AFTER OCTOBER 1, 2018 Section 11.01 Eligibility for Participation in Money Purchase Defined Contribution
More informationEdward Jones Retirement Account Agreement
Edward Jones Retirement Account Agreement This Retirement Account Agreement is incorporated into and is part of the Business Retirement Account Authorization Form (collectively, the Agreement ) signed
More informationRoth Individual Retirement Account Custodial Agreement (Under Section 408A of the Internal Revenue Code) IRS Form 5305-RA (Rev.
Roth Individual Retirement Account Custodial Agreement (Under Section 408A of the Internal Revenue Code) IRS Form 5305-RA (Rev. March 2018) This Custodial Agreement is incorporated into and is part of
More informationCHARITABLE REMAINDER UNITRUST (Term of Years)
CHARITABLE REMAINDER UNITRUST (Term of Years) On this day of, (hereinafter referred to as the Donor ), desiring to establish a charitable remainder unitrust within the meaning of Section 664(d)(2) and
More informationHSA CUSTODIAL AGREEMENT AND DISCLOSURES. Health Savings Custodial Agreement
HSA CUSTODIAL AGREEMENT AND DISCLOSURES Health Savings Custodial Agreement Health Savings Account Terms and Conditions Health Savings Account Disclosure Statement Health Savings Custodial Agreement Form
More informationHERMENZE & MARCANTONIO LLC ESTATE PLANNING PRIMER FOR SINGLE, DIVORCED, AND WIDOWED PEOPLE (New York)
HERMENZE & MARCANTONIO LLC ESTATE PLANNING PRIMER FOR SINGLE, DIVORCED, AND WIDOWED PEOPLE - 2018 (New York) I. Purposes of Estate Planning. A. Providing for the distribution and management of your assets
More informationESTATE PLANNING DICTIONARY
ESTATE PLANNING DICTIONARY Administrator For estates administered prior to April 1, 2012, the fiduciary appointed by the Probate Court to settle your estate if you die without a Will (intestate). Attorney-in-fact
More informationSTATE OF CONNECTICUT OFFICE OF THE STATE COMPTROLLER DEPENDENT CARE ASSISTANCE PLAN PLAN DOCUMENT
STATE OF CONNECTICUT OFFICE OF THE STATE COMPTROLLER DEPENDENT CARE ASSISTANCE PLAN PLAN DOCUMENT Restated and Amended as of January 1, 2017 TABLE OF CONTENTS ARTICLE I DEFINITIONS ARTICLE II PARTICIPATION
More informationWCI Communities, Inc., and certain related Debtors FORM OF CHINESE DRYWALL PROPERTY DAMAGE AND PERSONAL INJURY SETTLEMENT TRUST AGREEMENT
WCI Communities, Inc., and certain related Debtors FORM OF CHINESE DRYWALL PROPERTY DAMAGE AND PERSONAL INJURY SETTLEMENT TRUST AGREEMENT WCI Communities, Inc., and certain related Debtors CHINESE DRYWALL
More informationTitle 18-B: TRUSTS. Chapter 8: DUTIES AND POWERS OF TRUSTEE. Table of Contents Part 1. MAINE UNIFORM TRUST CODE...
Title 18-B: TRUSTS Chapter 8: DUTIES AND POWERS OF TRUSTEE Table of Contents Part 1. MAINE UNIFORM TRUST CODE... Section 801. DUTY TO ADMINISTER TRUST... 3 Section 802. DUTY OF LOYALTY... 3 Section 803.
More informationSIMPLE Individual Retirement Account Custodial Agreement
SIMPLE Individual Retirement Account Custodial Agreement (Under Section 408(p) of the Internal Revenue Code) IRS Form 5305-SA (Rev. March 2018) This Custodial Agreement is incorporated into and is part
More informationHSA CUSTODIAL AGREEMENTS AND OTHER REQUIRED DOCUMENTS
Fidelity Health Savings Account HSA CUSTODIAL AGREEMENTS AND OTHER REQUIRED DOCUMENTS Please review and keep for your records. Do not mail with the application. Fidelity HSA Custodial Agreement Important
More informationFounder Stock Restriction Agreement [for use in venture capital financing]
Founder Stock Restriction Agreement [for use in venture capital financing] Document 1587A Access to this document and the LeapLaw web site is provided with the understanding that neither LeapLaw Inc. nor
More informationNorth Carolina Public School Teachers and Professional Educators Investment Plan 403(b) Volume Submitter Plan
SPECIMEN DOCUMENT 9/15/16 North Carolina Public School Teachers and Professional Educators Investment Plan 403 Volume Submitter Plan Base Plan Document [Note: This document has been submitted to the IRS
More informationOTHER REQUIRED DOCUMENTS
Rollover and Roth IRA IRA CUSTODIAL AGREEMENTS AND OTHER REQUIRED DOCUMENTS Please review and keep for your records. Do not mail with the application. Fidelity IRA and Roth IRA Custodial Agreements and
More informationHERMENZE & MARCANTONIO LLC ESTATE PLANNING PRIMER FOR MARRIED COUPLES 2019 (New York)
HERMENZE & MARCANTONIO LLC ESTATE PLANNING PRIMER FOR MARRIED COUPLES 2019 (New York) I. Purposes of Estate Planning. A. Providing for the distribution and management of your assets after your death. B.
More informationTHE THOMAS C. CLIENT LIVING TRUST , 20
THE THOMAS C. CLIENT LIVING TRUST, 20 WEALTH PLANNING PARTNERS, LLC 12004 ROBINWOOD PLACE OKLAHOMA CITY, OKLAHOMA 73120 Copyright 2008 W e a lth Planning Partners, LLC The Table of Contents Article One
More information