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Showing contexts for: revocable trust in Chander Kanta Mishra & Anr vs Raj Sharma & Ors on 29 May, 2019Matching Fragments
(1) Grantor may from time to time during her lifetime indicate her desire that specific gifts be made from this Revocable Trust, to be distributed upon Grantor's death. If Grantor makes known her desire in a writing referring to or attached to this Trust Agreement, upon the death of the Grantor, the Trustee shall distribute the specific gifts as if the specific gifts had been made in this Trust Agreement itself The gifts shall be effective only upon the death of Grantor, and only if the writing is dated and signed by Grantor. In-dating the specific gifts document, it is not Grantor's intention to change the date of this Revocable Trust.
(2) Grantor directs that the successor Trustee distribute all other assets remaining in this Revocable Trust be distributed outright and free of trust equally to her siblings, Mahesh Sharma and Chandar Kanta Misra, or to their lineal descendants, per stirpes. In the event that Grantor's sister, Chandar Kanta Misra, does not survive Grantor, then one-fourth of the residual assets of the Trust shall be distributed to Grantor's nephew, Anant Misra, and one-fourth shall be distributed to Grantor's brother, Mahesh Sharma in his capacity as Trustee of the §hanta Sharma Educational Trust, as established in Article Nine of this, the Shanta Sharma Revocable Trust."
Schedule A "SCHEDULE OF TRUST ASSETS SHANTA SHARMA REVOCABLE TRUST
1. All real property owned by Grantor, at or subsequent to the execution of the above-named Revocable Trust;
2. All bank accounts or certificates of deposit or other assets held by banks, including the contents of any safe deposit box or boxes in Grantor's name;