Marys 44-year-old unmarried sister caroline fuqua wants to

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Mary's 44-year-old unmarried sister, Caroline Fuqua wants to create a simple revocable trust agreement so she can leave money to Mary's two children. Since Mary's son David, now 18 years old, has been getting into trouble with the law, Caroline wants the trust to ensure that David receives his inheritance at age 30. Caroline is the settlor and the trustee during her lifetime. Caroline's brother, Roger Jones , is to be designated as the successor trustee. Until David reaches the age of 30, the trustee is authorized to distribute the principal and income at the trustee's discretion to David for his education and living expenses while in school.

Draft Caroline's simple revocable trust agreement by using Westlaw Formfinder. You can log into Westlaw and then click on Formfinder. Use Florida law and search by using the terms, "simple trust." You will find a form that is two pages entitled, BOGERT § 1075. Simple trust single person: outright to children on grantor's death. Use this form as a guide but the document should be drafted from scratch and represent your individual effort. You may also use the textbook as a guideline.

Reference no: EM13470206

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