To create a Living Trust, first create a retractable trust document and appoint an agent. You can then list the property you place in the position of trust as well as your beneficiaries. (k) to lend money to all uses of trusts or their management on their obligation or fiduciary title and to ensure their repayment by collateral, creation of a security interest on or other charge of some or all of the trusts` assets. (a) Directors pay quarterly the total net income of the trust to the beneficiaries of the trust, provided that the corpus of the trust is paid in full to the beneficiaries at the age of – The term « trust » or « trustworthy » refers to all assets, whether held by the agent in tangible or intangible assets under this agreement; it may be a heritage that is past, present or future that may be part of the heritage. b) If one of the beneficiaries dies before the age of age, the trust fund dies in his favour and the body is paid, with untributed income, to the question of the beneficiary who will then live by ferociousness; however, if there is no question, it is up to the other beneficiaries, whether they live either directly or if the other beneficiary has not reached the age of added, maintained, managed and distributed as part of the trust to the other beneficiary; If the other beneficiary is not alive, it is the other beneficiary`s question; And if there is no question, it is about the estate of the beneficiary for whom the trust was originally held. (m) to make transactions with the property of the trusts as an exclusive owner or as a general owner or sponsor, with all the powers usually exercised by such a person and an indisciperie interest in a property as a common tenant or tenant in partnership. Any separate trust bearing the name of a child designated by me is held, managed and distributed by the agent according to the following uses and purposes, if any, under another provision of that instrument: 1. Discretionary distributions. With regard to every confidence I have held in favour of a child under the age of thirty (30), the agent pays the child`s benefit, and only from the separate confidence of that child, in the context of the child`s net income and principal capital, even to the extent that the client, at his sole discretion, , exhausts the principle. the child`s health, livelihood, assistance and education may be considered appropriate or necessary in light of all the circumstances and factors that the agent deems appropriate. Unspent net income is accumulated and added to the principal income, as determined from time to time by the agent.
2. Compulsory distributions. If one of my children reaches the age of twenty-five (25) years, the attorney distributes fifty percent (50%) to this child. the balance of confidence separated from this child, open and free of confidence at the time; and if one of my children reaches the age of thirty (30) years, the separate trust of that child ends, and the agent distributes to that child one hundred percent (100%) the balance of confidence separated from this child, open and free of confidence at the time; However, provided that any child whose child I have has the right to adjourn and continue to have confidence in all distributions. 3. Limited appointment power. If one of me dies before the age of thirty (30) years, the separate trust that exists for that child under this article V ends and the agent distributes the balance of the child, as he is then trained, to one or more descendants of that child in the proportions and amounts that that child may name to obtain the same according to a will and a will.