Irrevocable Gift Trust Template
1. Trust Date and Parties
This Irrevocable Gift Trust (“Trust”) is made on [Date] by and between:
Donor / Grantor:
[Full Legal Name]
[Address]
Trustee:
[Full Legal Name]
[Address]
2. Trust Name
The name of this trust is:
[Name of Trust]
3. Irrevocable Transfer
The Donor irrevocably transfers and delivers to the Trustee the property described in this Trust to be held, administered, and distributed under the terms of this Trust.
4. Trust Property
The property transferred to this Trust includes:
[Describe Cash, Securities, Real Estate, Business Interests, or Other Assets]
Additional property may be added to the Trust if allowed by law and accepted by the Trustee.
5. Beneficiaries
The beneficiaries of this Trust are:
-
[Full Name]
-
[Full Name]
-
[Full Name]
[Full Name]
6. Distribution Terms
The Trustee shall hold and distribute the trust property as follows:
[Describe When and How Distributions Will Be Made]
7. Trustee Powers
The Trustee may manage, invest, protect, and distribute trust property as allowed by this Trust and applicable law.
Additional trustee powers or limits:
[Insert Terms]
8. Successor Trustee
If the acting Trustee resigns, dies, becomes unable to serve, or is removed, the successor Trustee shall be:
[Full Legal Name]
9. Governing Law
This Trust shall be governed by the laws of:
[State/Country]
10. Signatures
Donor / Grantor
Signature: ________________________
Name: [Full Legal Name]
Date: [Date]
Trustee
11. Notary or Witness (Optional)
Witness or notary section, if required:
[Insert Witness or Notary Acknowledgment]