Successor Amendment To The Trust Form

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Amendment   t o   t he   _ ____________   T rust  
 
I   _ ___________________________   t he   S ettlor   o f   t he   “ _____________________   T rust”   e stablished   o n  
_________________________wish   t o   a mend   m y   T rust   t o   r eflect   a   c hange   t o   t he   d efinition  
and   r ole   o f   S uccessor   T rustee   t o   c learly   d efine   t hat   t hey   a re   n ot   a   r esponsible   p arty  
on   m y   T rust.    
 
Trustee   ( referred   t o   a s   ‘ Co-­‐Trustee,   ‘ Trustee’,   o r   ‘ Trustees’).     T he   t erm   ‘ Trustee’   s hall  
refer   t o   t he   S ettlor   ( by   d efault)   a nd   a ny   C o-­‐Trustees.   T he   S uccessor   T rustee   l isted   i n  
this   d ocument   ( unless   o therwise   a lso   n amed   a   C o-­‐Trustee)   i s   n ot   c onsidered   a  
responsible   p arty.    
 
[Revision   t o   S ection   I II   o f   t he   _ ___________________   T rust]  
 
ARTICLE   I II   –   N OMINATION   O F   S UCCESSOR   T RUSTEE  
 
  A .   S uccessor   T rustee.     I f   t he   S ettlor   o r   C o-­‐Trustee(s)   a re   n ot   w illing   o r   a ble,  
or   c annot   l egally   p ossess   a n   i tem   i n   T rust   i n   a ccordance   w ith   t he   a pplicable  
Federal   o r   S tate   L aw,   a nd   t he   S ettlor   f ails   t o   n ominate   a   S uccessor   T rustee  
within   s ixty   ( 60)   d ays   a s   p rovided   i n   A rticle   I II,   t hen   t he   S uccessor   T rustee  
shall   b e   _ _______________________________.   A ny   T rustee   o r   S uccessor   T rustee   m ust  
be   l egally   e ligible   t o   p ossess   i tems   i n   a ccordance   w ith   t he   N ational   F irearm  
Act,   i e.   I s   n ot   a   “ prohibited   p erson”   u nder   t he   G un   C ontrol   A ct   o f   1 968   o r   a ny  
other   a pplicable   S tate   o r   F ederal   L aw.  
 
The   S uccessor   T rustee   i n   t his   d ocument,   u nless   o therwise   l isted   a s   a   C o-­‐
Trustee,   i s   n ot   a   r esponsible   p arty   t o   t he   a ssets   p laced   i n   t his   T rust   w hile  
the   S ettlor   l iving   o r   i s   n ot   i ncapacitated.   F urthermore,   t he   S uccessor  
Trustee   m ay   o nly   a ct   o n   b ehalf   o f   t his   T rust   i f   t here   a re   n o   o ther   C o-­‐
Trustees   a vailable   t o   a ct   o n   b ehalf   o f   t he   T rust   u pon   t he   S ettlors’   d eath   o r  
incapacitation.    
 
Unless   u pon   t he   d eath   o r   i ncapacitation   o f   t he   S ettlor   w ith   n o   o ther   C o-­‐
Trustee(s)   w illing   o r   a ble   t o   s erve,   t he   S uccessor   T rustee   m ay   n ot:  
 
i.   P ossess,   e ither   d irectly   o r   i ndirectly   a ny   a ssets   i n   t he   T rust   t hat   a re  
National   F irearms   A ct,   T itle   I I   c lass   f irearms   o r   i tems.  
   
 
ii.   M anage   o r   d irect   t he   T rust   o r   i ts   d istributions   t o   B eneficiaries  
 
 
iii.   T ransport,   D eliver,   o r   d ispose   o f   a   f irearm   f or,   o r   o n   b ehalf   o f,   t he  
Trust.    
 
 

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