Documents Included With A Trust Package Estate Plan
- Living Trusts (including Restated Amendments)
- “Non-Traditional Couple” Trust option
- Joint or Reciprocal Trust Versions for Married Clients include:
- Simple, probate avoidance Trust
- Disclaimer Trust
- “A/B” Trust
- Intentionally defective Marital Deduction Trust (to protect the “step-up” at the 2nd death)
- “QTIP” Trust (either pecuniary or fractional share) with optional “Clayton Election”
- “QDOT” provisions for a non-citizen spouse
- Specific Distribution Provisions may include:
- Specific Sum and /or Percentage (individual or class gift)
- Gift of Real Property
- Option to Purchase Real Property
- Life Interest in Real Property
- Life Interest in Cash or Percentage
- Gift of Business Interest
- Forgiveness of Debt
- “Special Needs Trust”
- Pet Trust
- Charitable Foundation
- Residual Distribution Provisions may include:
- “Per Stirpes” with trusts for grandchildren
- Allocations between specified beneficiaries by shares or percentages
- Delay for children to specified age or ages
- “Family Pot” Trust
- Generation-Skipping Trusts
- “Dynasty Trust”
- Pour-Over Wills: A pour over will “pours over” all of your assets not in the trust, into the trust.
- Certificate of Trust
- Declaration of Trust
- Assignment of Personal Effects
- Instructions for the Distribution of Tangible Personal Property
- General Powers of Attorney (including option for a “springing powers”)
- Health Care Directives with “Living Will” (HIPPA compliant)
- Stand-alone HIPPA Waivers
- Final Disposition (“Burial”) Instructions
- Client Correspondence (incorporating your letterhead), including:
- Transmittal Letters
- Summary of Estate Planning Provisions
- Signing Instructions
- Trust Funding Instructions (for after-acquired assets)
- Transfer Documents
- State specific Deeds for real property
- Letters of Instruction for re-titling to banks, transfer agents, brokerage firms, mutual funds, etc.
- Assignments of Deeds of Trust, limited and general partnership interests, business interests, etc
- Requests for change of beneficiary designations for life insurance, retirement benefits, etc.
- Affidavits of death