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Example of Provisions for Use of Trust Funds During Grantor's Life
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Four examples of provisions for use of trust funds during grantor's life
Estates & Trusts
Stocker and Rikoon on Drawing Wills and Trusts (13th Edition)
PLI Item #:
"Example of Provisions for Use of Trust Funds During Grantor's Life"
"Trustee shall hold the trust fund in trust"
"Trust Fund During the Life of the Grantor"
"Distribution of income and principal to or for Grantor and his wife"
Incapacity of Grantor
Distribution of income and principal to or for family members
net income from the trust fund
to meet any emergency of illness or accident
so long as Trustee believes Grantor to be incapacitated
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