Living Trust Template
Declaration of Trust
Part 1. Trust Name
This revocable living trust shall be known as the Sheila Jenkins Revocable Living Trust.
Part 2. Declaration of Trust
Sheila Jenkins, called the grantor, declares that she has transferred and delivered to the
trustee all her interest in the property described in Schedule A attached to this Declaration
of Trust. All of that property is called the "trust property." The trustee hereby
acknowledges receipt of the trust property and agrees to hold the trust property in trust,
according to this Declaration of Trust.
The grantor may add property to the trust.
Part 3. Terminology
The term "this Declaration of Trust" includes any provisions added by valid amendment.
Part 4. Amendment and Revocation
A. Amendment or Revocation by Grantor
The grantor may amend or revoke this trust at any time, without notifying any
beneficiary. An amendment must be made in writing and signed by the grantor.
Revocation may be in writing or any manner allowed by law.
B. Amendment or Revocation by Other Person
The power to revoke or amend this trust is personal to the grantor. A conservator,
guardian or other person shall not exercise it on behalf of the grantor, unless the
grantor specifically grants a power to revoke or amend this trust in a Durable Power of
Part 5. Payments From Trust During Grantor's Lifetime
The trustee shall pay to or use for the benefit of the grantor as much of the net income
and principal of the trust property as the grantor requests. Income shall be paid to the
grantor at least annually. Income accruing in or paid to trust accounts shall be deemed to
have been paid to the grantor.
Part 6. Trustees
Sheila Jenkins shall be the trustee of this trust.
Declaration of Trust — Page 1 of 7
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