Documents Included With A Trust Package Estate Plan

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