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Testamentary Trust #2 Multiple Trusts DRAFTING NOTES The will is made up of a general part, and four schedules. This precedent can be used to create any number of testamentary trusts. The general

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What is multiple trusts?

Multiple trusts refer to having more than one trust established by an individual or entity to manage their assets and distribute them according to specific guidelines.

Who is required to file multiple trusts?

Individuals or entities that have established multiple trusts are required to file them.

How to fill out multiple trusts?

Multiple trusts can be filled out by providing detailed information about each trust, including the assets held, beneficiaries, trustees, and distribution guidelines.

What is the purpose of multiple trusts?

The purpose of multiple trusts is to manage and distribute assets in a structured and organized manner, according to the wishes of the trust maker.

What information must be reported on multiple trusts?

Information such as the assets held by the trust, beneficiaries, trustees, distribution guidelines, and any changes made to the trust must be reported on multiple trusts.

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