Letter to Client: Drafts of Revocable Trusts with Pot Trust for Children for Individual with Spouse or Partner (New York)

The legal template "Letter to Client: Drafts of Revocable Trusts with Pot Trust for Children for Individual with Spouse or Partner (New York) under USA law" is a written communication between an attorney and their client in the context of estate planning. The letter contains drafts of revocable trusts specifically designed for individuals residing in New York and seeking to establish a trust for the benefit of their children. The trust includes a pot trust provision, which allows the funds to be pooled together for the benefit of all eligible children. Additionally, the trust takes into account the presence of a spouse or partner and provides instructions on how to preserve and distribute assets in accordance with U.S. laws, regulations, and requirements. The purpose of this letter is to share the prepared trust drafts with the client, enabling them to review the legal documents before finalizing and executing them.