Project Assignment: Caroline Fuqua Case-Trust Preparation
Mary's 44-year-old unmarried sister, Caroline Fuqua wants to create a simple revocable trust agreement so she can leave money to Mary's two children. Since Mary's son David, now 18 years old, has been getting into trouble with the law, Caroline wants the trust to ensure that David receives his inheritance at age 30. Caroline is the settlor and the trustee during her lifetime. Caroline's brother, Roger Jones , is to be designated as the successor trustee. Until David reaches the age of 30, the trustee is authorized to distribute the principal and income at the trustee's discretion to David for his education and living expenses while in school.
Draft Caroline's simple revocable trust agreement by using Lexis Advance forms. Use Florida law and search by using the terms, "simple trust." You will find a form that is two pages entitled, BOGERT § 1075. Simple trust single person: outright to children on grantor's death. Use this form as a guide but the document should be drafted from scratch and represent your individual effort. You may also use the textbook as a guideline.
Format your assignment according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.