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How to use or fill out Living Trust for Husband and Wife with Minor and or Adult Children - Oregon
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Click ‘Get Form’ to open it in the editor.
Begin by entering the date at the top of the document. This is crucial as it marks the official start of your trust.
In Article I, specify the name of your trust. This should reflect your personal choice, such as 'The Smith Family Revocable Living Trust'.
Proceed to Article II where you will identify the Trustors (you and your spouse) and list your children as beneficiaries. Ensure all names are spelled correctly.
In Article III, appoint a Trustee. You can designate yourselves or another trusted individual. If applicable, also name a Successor Trustee.
Article IV requires you to list all assets included in the trust. Attach an Exhibit A if necessary for detailed descriptions.
Review Articles V through XII carefully, ensuring that all powers and provisions align with your intentions for asset management and distribution.
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