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This form may be used to establish an Irrevocable Reversionary Living Trust, with the United States as Grantor; to provide secondary payment for medical benefits to the beneficiary named in the form.

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What is irrevocable reversionary inter vivos

An irrevocable reversionary inter vivos is a legal document that transfers property or assets to a beneficiary while retaining a reversionary interest for the grantor, meaning the assets revert back to them under specified conditions after the beneficiary's interest ends.

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Irrevocable reversionary inter vivos is needed by:

Individuals planning estate transfers
Trustees managing trust assets
Estate planners and attorneys
Beneficiaries of family trusts
Individuals seeking tax benefits

How to fill out the irrevocable reversionary inter vivos

1.

Open the document template from pdfFiller.
2.

Begin by entering the grantor's full legal name and address in the designated fields.
3.

Next, provide the details of the beneficiary including their full name and relationship to the grantor.
4.

Specify the type of property or assets being transferred, making sure to include any relevant description, identification numbers, or legal references.
5.

Indicate the terms and conditions under which the property will revert to the grantor, including any specific events or timeframes.
6.

Review the document thoroughly for accuracy before signing.
7.

Both the grantor and the beneficiary must sign and date the document to make it legally binding; consider using a notary for additional validation if necessary.
8.

Save and download the completed document to keep for your records.