Common use of Separate Trusts Clause in Contracts

Separate Trusts. It is desired but not required that each separate trust established under this instrument will have the same persons as Trustee or Cotrustees or that they will have the same number of Trustees or Cotrustees. Rather, each such separate trust [shall] [may] be treated separately with respect to the person or persons serving as trustee or Cotrustees.

Appears in 1 contract

Sources: Revocable Trust Agreement

Separate Trusts. It is desired but not required that each separate trust established under this instrument will have the same persons as Trustee trustee or Cotrustees or that they will have the same number of Trustees trustees or Cotrustees. Rather, each such separate trust [shall] [may] may be treated separately with respect to the person or persons serving as trustee or Cotrustees.

Appears in 1 contract

Sources: Irrevocable Trust Agreement