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Living Trust for Individual Who is Single, Divorced or Widow or Widower with Children - New York

Living Trust for Individual Who is Single, Divorced or Widow or Widower with Children - New York 2026

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The document is a Revocable Living Trust Agreement established by a Trustor in New York, outlining the terms for managing and distributing assets during the Trustor's lifetime and after their death. It details the roles of the Trustor, Trustee, and beneficiaries, including provisions for asset management, trustee powers, distributions to beneficiaries, and conditions for revocation or amendment of the trust. The agreement emphasizes the Trustor's control over the trust assets while alive and specifies how assets will be distributed among their children upon their death.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the date at the top of the form. This establishes when the trust is created.
In Article I, provide a name for your trust. This can be any name you choose, such as 'The Smith Family Trust'.
In Article II, fill in your personal details as the Trustor, including your full name and address. List your children as beneficiaries.
For Article III, appoint yourself as Trustee and designate any Successor Trustees if needed.
In Article IV, list all assets that will be included in the trust on Schedule A. Ensure you detail any additional property that may be added later.
Review Articles V through XII carefully to understand trustee powers and administration rules. Make necessary adjustments based on your preferences.

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