The Kentucky Joint Living Trust Form can be used to establish a trust that can be terminated or revoked by the grantor at any time. This is one of the most common types of trust and is usually set up by a husband and wife. The agreement appoints a trustee to manage the financial affairs of the trust during its duration. It is your responsibility to carefully read the document and ensure that the Kentucky Joint Living Trust agreement includes provisions for everything you would like accomplished by the trust.
We offer the free Kentucky Joint Living Trust Form in Microsoft Word and PDF formats. The Word file will automatically download so check the folder where downloads are saved on your computer or mobile device. The PDF will open in a new window so you can print or save it.
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The Kentucky Joint Living Trust Form can be employed to institute a trust that can be closed or revoked by the grantor or grantors at any time. If you are wed and thinking about creating a trust for estate preparation goals, one of the very first things you will really need to choose is whether to set up a joint living trust or individual living trusts. From a tax point of view, joint living trusts are much better than individual living trusts if the trust is created with community property.