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How to use or fill out Living Trust for Husband and Wife with Minor and or Adult Children - Virginia
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Click ‘Get Form’ to open it in the editor.
Begin by entering the date at the top of the document where indicated. This establishes when the trust is created.
In Article I, provide a name for your trust. This could be something like 'The Smith Family Revocable Living Trust'.
In Article II, fill in the names of both Trustors (husband and wife) along with their address. Also, list any minor or adult children as beneficiaries.
For Article III, appoint a Trustee. You can designate one of the Trustors or another individual as Successor Trustee if needed.
In Article IV, list all assets that will be included in the trust on Exhibit A. Ensure you detail any real estate or significant personal property.
Review Articles V through XII carefully to understand trustee powers and administration rules. Make necessary adjustments based on your preferences.
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Creating a trust for adult childrenTrust for children over 18Trusts for young adultsEstate and inheritance planningTypes of trusts for childrenIrrevocable trust for childTrust fund for adult
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