信托协议英文样本-SampleTrustAgreement

1、THE RALPH A. KRAMDEN IIIREVOCABLE TRUST AGREEMENT FOR TESTAMENTARYBEQUESTSOn this day of , 2004, I, Ralph A. Kramden III (asGrantor), herebytransfer, assignand convey to myself (as Trustee) the sum of One Dollar ($1.00), to be held in trust for thebeneficiaries andupon the uses and purposes hereinaf

2、ter set forth. This trust shall hereafter be known as THERALPH A.KRAMDEN III REVOCABLE TRUST AGREEMENT FOR TESTAMENTARYBEQUESTS.WITNESSETH:The Grantor is desirous of creating a trust for the purposes and upon the terms and provisionshereinafter setforth. Accordingly, the Grantor hereby transfers and

3、 delivers unto the Trustee $1.00 and, inthe future, suchother assets as the Grantor (or other persons) may choose to convey. The Trustee shall holdand administersaid properties, and all subsequently acquired properties (whether contributed by the Grantoror by anotherparty), in trust, pursuant to the

4、 terms of this agreement as set forth below.ARTICLE IDEFINITIONS1.01 Grantor. Ralph A. Kramden III shall be referred to herein as the1.02 Successor Trustees. The initial trustee of this trust shall be Ralph A.Kramden III. Uponmy death,Edward R. Norton shall serve as Successor Trustee. Any then actin

5、g Trustee shall have thepower to add tothis list of successor trustees. The term“ Successor Trustee “ shousubstituted hereinafter,whereapplicable, for the term“ Trustee. “ The pronoun “ he “almlyay be used gherein to referto the Trusteeregardless of the true gender of the Trustee or Successor Truste

6、e actually referred to.ARTICLE IIUPON GRANTO“RS DEATHUpon the death of Grantor, the Trustee shall establish a separate trust share for eachbeneficiary and in theamounts so named in the Last Will and Testament of Grantor. Grantor shall designate thebeneficiaries of thistrust and amounts to be held in

7、 a separate trust for each said beneficiary by referencing “ THERALPH A.KRAMDEN III REVOCABLE TRUST AGREEMENT FORTESTAMENTARYBEQUES“TSin Grantor “sLast Will and Testament. Each separate trust share shall be distributed or retained in Trust ashereinafterprovided.ARTICLE IIIDISTRIBUTIONS TO BENEFICIAR

8、IES DURING TRUST LIFEThe Trustee shall pay so much or all of the principal and income of each separate trustestablished hereunderas is reasonably necessary to provide for the medical care, education, support andmaintenance of thebeneficiary of each separate trust. The Trustee may only make disbursem

9、ents to a beneficiaryfrom thatbeneficiary “ s separate trust.ARTICLE IVTERMINATION OF EACH SEPARATE TRUSTThe Separate Trust of Ralph Kramden, IV.When Ralph Kramden, IV reaches the age of40 years, theTrustee shall distribute to Ralph Kramden, IV all of the principal and accrued income ofRalph Kramden

10、, IV “sseparate trust then remaining. Should Ralph Kramden, IV die prior to reaching 40 years ofage, the Trusteeshall distribute the assets remaining in his or her separate trust as Ralph Kramden, IV shalldesignate in his orher Last Will and Testament. If Ralph Kramden, IV shall not leave a valid La

11、st Will andTestament, then theremaining separate trust assets shall go to the children of the Ralph Kramden, IV in equalshares, per stirpes.Should Ralph Kramden, IV fail to leave a Last Will and not be survived by lineal descendants,then theremaining separate trust assets shall be distributed as pro

12、vided under the laws of the State ofIllinois in casesof intestate succession.ARTICLE VTRUSTEE“ S POWERS5.01 In administration of the trust estate, the Trustee shall have all of thepowers authorizedby Illinois law(which are incorporated herein by reference) and include the following powers in additio

13、n tothe above-(a) To engage agents, including legal counsel, accountants, investment advisors, custodians,appraisersand other experts for the proper administration of this trust, and to compensate said personsfor their servicesout of income or principal comprising the trust estate.(b) To claim expen

14、ses as either income tax deductions or to permit the claiming thereof asestate taxdeductions when an election is permitted by law, without thereafter making any adjustmentbetween incomeand principal on account of any such determination.(c) To enter into transactions with any other decedent “ s estat

15、e or any living or testamentarytrust inwhich any of the beneficiaries of this trust shall have a beneficial interest, even though anyfiduciary undersuch other estate or trust is also a fiduciary under this trust.(d) To make allocations of charges and credits between principal and income of the trust

16、estate with theTrustee “ s determination thereof to be final and binding upon all parties.(e) To make apportionment between principal or income any revenue or expenditure inconnection withsaid trust estate as the Trustee deems just and equitable with the Trustee determinationthereof to be finaland b

17、inding upon all parties.(f) To allocation expenses that are common to one or more separate trust between each trustas theTrustee deems just and equitable with the Trustee“s determination thereof tobe final andbinding upon allparties.5.02 In the exercise of the powers of management, control and inves

18、tment herein conferredupon theTrustee, all decisions of the Trustee made in good faith shall be conclusive and binding uponall parties ininterest.ARTICLE VIGENERAL PROVISIONS6.01 Spendthrift Clause. No beneficiary of this trust shall have the power to transfer, sell,assign, orotherwise encumber any

19、rights to distribution of assets under this trust agreement.Furthermore, the right ofdistribution under this trust agreement held by any beneficiary shall not be subject to judicialattachment orprocess prior to the time distribution is actually made by the Trustee.6.02 Rule Against Perpetuities. Des

20、pite any provisions in this trust agreement to the contrary,this trustshall terminate no later than twenty-one (21) years after the death of the last survivor of thebeneficiarieshereunder who are living at the date of creation of this trust agreement. Upon terminationpursuant to thisparagraph, the c

21、orpus of the trust estate shall be distributed free of trust to the then incomebeneficiaries, eachreceiving the trust assets from which he or she derives the income or a proportionate sharethereof based uponthe proportion said beneficiary is currently entitled to income therefrom.6.03 Trustee Compen

22、sation. The Trustee shall be entitled to reasonable compensation for hisservicesrendered hereunder. A corporate trustee shall be entitled to compensation in accordance withits publishedschedule of fees in effect at the time such services are rendered.6.04 The Grantor declares that this agreement and

23、 the trust created hereby shall be construedunder and beregulated by the laws of the State of Illinois, and the validity and effect of this agreementshall be determinedin accordance with the laws of the State of Illinois. The Grantor reserves theright to alter,amend, or revokethis trust at any time

24、prior to his or her death.6.05Trustee “s Bond.Should the loafwIlslinois allow it, then Trustee shall not be required tofurnish abond for the faithful performance of his or her duties as Trustee.6.06 If herein a distribution from this trust is made“ per stirpesto a group ofbeneficiariesand one of sai

25、d beneficiaries is deceased at the time of the distributionwithoutbeingsurvived by at least onelineal descendant, then, and only then, shall his or her share be divided among the remainingbeneficiaries forthis gift (including shares for deceased beneficiaries who are deceased at the time ofdistribution but aresurvived by at least one lineal descendant) in equal shares and completely omitting a share forthe deceasedbeneficiary who is not survived by at least one lineal descendant at the time of the di