Single Beneficiary Trust

Estate planning often focuses on where property passes at death, either via a revocable trust or a last will and testament.  In some cases, however, a client may want to make gifts of property during lifetime, or they may be advised to do…

Each InterActive Legal practice system provides subscribers with the ability to draft at least one type of “irrevocable trust.” All systems contain the standard Irrevocable Trust, which can serve multiple purposes, and will be the primary…

This document includes sample text that may be inserted in an irrevocable trust in order to create an initial trust for a single beneficiary, which then expands (or blossoms) into a trust for the grantor's spouse and/or descendants during…

n some cases, trusts are created for a group of people, such as a person's children or perhaps their spouse and children. However, many clients want to create a trust for just one beneficiary.