Common use of Issue Clause in Contracts

Issue. The term "issue", unless otherwise designated herein, shall include adopted "issue" of descendants and lineal descendants, both natural and legally adopted indefinitely. Such term shall specifically exclude individuals adopted out of the family of the Trustor or out of the family of a descendant of the Trustor. The word "living" shall include unborn persons in the period of gestation.

Appears in 38 contracts

Sources: Revocable Living Trust Agreement, Revocable Living Trust Agreement, Revocable Living Trust Agreement

Issue. The term "issue", unless otherwise designated herein, shall include adopted "issue" of descendants and lineal descendants, both natural and legally adopted indefinitely. Such term shall specifically exclude individuals adopted out of the family of the Trustor or out of the family of a descendant of the Trustor. The word "living" shall include unborn persons in the period of gestation.

Appears in 2 contracts

Sources: Revocable Living Trust Agreement, Revocable Living Trust Agreement