Creating California Compliant Trust

Summary

Creating a California compliant trust involves selecting the type of trust, drafting a compliant document, appointing a trustee, funding the trust, and naming beneficiaries. For a revocable trust, include sections for trust name, property, trustee, beneficiaries, revocation rights, governing law, successor trustee, and trustee powers. Consult a legal professional to ensure compliance with California laws and accurate details.

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Draft a california compliant revocable trust leave the trustee and beneficiary blank
Creating a California-compliant revocable trust involves a few essential components. Here's a simplified draft structure for you:
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Revocable Living Trust Agreement
This Revocable Living Trust Agreement ("Agreement") is made on [Date], by and between [Your Name], as the Grantor, and [Trustee's Name], as the Trustee.
Article *: Name of the Trust
The trust shall be known as the "[Your Last Name] Revocable Living Trust," dated [Date].
Article *: Trust Property
The initial trust property consists of the assets listed in Schedule A, which are hereby transferred to the Trustee.
Article *: Trustee
[Leave blank for trustee's name]
Article *: Beneficiaries
[Leave blank for beneficiaries' names]
Article *: Revocation or Amendment
The Grantor reserves the right to revoke or amend this Trust in writing during their lifetime.
Article *: Governing Law
This Trust shall be governed by the laws of the State of California.
Article *: Successor Trustee
In the event that the Trustee is unable or unwilling to serve, [Alternate Trustee's Name] shall serve as Successor Trustee.
Article *: Trustee Powers
The Trustee shall have all powers necessary to manage, invest, and distribute the trust property as provided under California law.
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It's important to consult with a legal professional to ensure compliance and that all necessary details are accurately included.