Revocable Living Trust Form (Page 5 of 9) in pdf

Living Trust of

Date:

liability for any neglect, omission, misconduct, or default of any such agent or

professional representative, provided he or she was selected and retained with reasonable

care.

i. To vote any stock, bonds, or other securities held by the Trust an any meetings of

stockholders, bondholders, or other security holders and to delegate the power so to vote

to attorneys-in-fact or proxies under power of attorney, restricted or unrestricted, and to

join in or become a party to any organization, readjustment, voting trust, consideration or

exchange, and to deposit securities with any persons, and to pay any fees incurred in

connection therewith, and to charge the same to principal or income, as deemed proper,

and to exercise all of the rights with regard to such securities.

j. To purchase securities, real estate, or other property from the executor or other personal

representatives of the Grantor's estate, the executor or other personal representative of the

Grantor's spouse's estate, and the Trustee of any agreement or declaration executed by the

Grantor during his/her lifetime under his/her last will in case his/her executors or

Trustees are in need of cash, liquid assets, or income-producing assets with which to pay

taxes, claims, or other estate or trust indebtedness, or in case such executors or Trustees

are in need of such property to properly exercise and discharge their discretion with

respect to distributions to beneficiaries as provided for under such bills, declarations, or

agreements. Such purchase may be in cash or may be in exchange for other property of

this Trust, and the Trustees shall not be liable in any way for any loss resulting to the

Trust Estate by reason of the exercise of said authority.

k. To undertake such further acts as are incidental to any of the foregoing or are reasonably

required to carry out the tenor, purpose and intent of the Trust.

l. To make loans or advancements to the executor or other personal representative of the

Grantor's estate, the executor or other personal representative of the Grantor's spouse's

estate, and the Trustees of any agreement or declaration executed by the Grantor during

his/her lifetime or under his/her last will in case such executors or Trustees are in need of

cash for any reason. Such loans or advancements may be secured or unsecured, and the

Trustees shall not be liable in any way for any loss resulting to the Trust Estate by reason

of the exercise of this authority.

ARTICLE VIIII – MISCELLANEOUS PROVISIONS

1. This Living Trust may be revoked, modified, or changed at any time during the lifetime of

the Grantor.

2. When applicable, pronouns and relative words shall be read as plural, feminine, or gender

neutral.

3. The headings used in this Living Trust are for identification and convenience only and are

not to be considered in interpretation of the Trust.

Page 5 of 9

Revocable Living Trust Form Page 5