At the age of 25 of the beneficiary, the agent pays 50% of the total trust to the old trust. At the age of 30, the remaining 50% goes to the beneficiary and is totally disinterested. However, the beneficiary may have the possibility to postpone the distribution of the shares and to continue the confidence that has been agreed. In the event that the remaining trust under this instrument is considered unjustified with respect to its size, the agent may terminate the trust agreement and pay the amount to the designated beneficiary of the trust. Trusts of descendants are separated and held by the agent for the benefit of that descendant for as long as he or she is under 30 years of age. The trustee manages the financial confidence of the beneficiary in terms of education, health and other financial aid. All income from the trust will rotate and be added to the capital of the trust. The term “fiduciary asset” or “fiduciary asset” means any tangible or intangible asset of the licensor held by the agent under this Agreement, whether past, present or future property, which is to be part of the assets. 1.
In the event of the sale of one of the economic interests of ______ Any reference to the child, to the child, shall be deemed to be a descendant of the first-degree licensor, who are designated beneficiaries, unless the will and this Agreement expressly disinherit otherwise. The adopted child is one of the children, children or descendants. 1. ______ to incur other expenses, loans (whether secured or unsecured) or other associated liabilities, or to charge or act on behalf of another, unless the owners of economic interests have in total more than fifty per cent of the economic interests of the Land Trust. Any holder of an economic interest is liable only for his proportionate share of taxes, debts, special investments, if any, civil liability insurance and other expenses related to the operation and maintenance of the property. (c) Where the holder of the economic interest is the owner and beneficiary of life insurance of a deceased economic interest, an amount equal to the death benefits to be paid to the beneficiary under the policy or policies shall be paid in cash to the estate of the deceased economic interest holder by reason of the purchase price of the economic interest. and only the balance, if any, may be carried forward in accordance with Article five (b). .