Revocable Living Trust Agreement Template Page 4
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185.1.1 In the event that hgjhgj hgjgh has not reached the age of 18 years on the date of the Grantor's
death, then any property left to xxxxx xxxxx under this revocable living trust shall be retained in a
sub-trust and held, managed and distributed for hgjhgj hgjgh's benefit. The sub-trust shall be
known as the xxxxx, xxxxx xxxxx sub-trust. The Successor Trustee shall be trustee of this
sub-trust. The sub-trust shall be managed by the Successor Trustee in accordance with the
provisions below.
5.1.2
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5.1.3
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5.1.4
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5.1.5 So much of the income from an individual sub-trust and, if the net income be at any time
insufficient, so much of the principal of this sub-trust as may be deemed necessary in the sole
discretion of the Successor Trustee (taking into account all other sources of income, support and
circumstances of the sub-trust beneficiary of which the Successor Trustee has knowledge) may
be either paid to or expended on behalf of the sub-trust beneficiary (whichever in the Successor
Trustee's sole discretion is deemed most appropriate) in order to ensure the support,
maintenance, health, and education (including collegiate, vocational, professional, etc.) of the
sub-trust beneficiary.
5.1.6 A sub-trust shall terminate on the earliest to occur of the following:
(i)
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(ii)
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(iii)
on the death of the sub-trust beneficiary, in which case the property being held for that trust
beneficiary shall be paid over and distributed (i) under the terms of the sub-trust
beneficiary's Will, (ii) to the sub-trust beneficiary's issue (if any), per stirpes, or in default of
such, (iii) to the sub-trust beneficiary's brothers and sisters and descendants of deceased
brothers and sisters, per stirpes, or, in default of such, (iv) to the Grantor's heirs,
determined as if he had died at the time of the sub-trust beneficiary's death pursuant to the
General Statutes of Florida.
5.2.1 The Successor Trustee shall be entitled (but shall not be obliged) to transfer the share of any
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