Revocable Trust for Single Individual: Separate Share Trusts for Children (California)

This legal template is specifically designed for individuals living in California who are interested in drafting a revocable trust to manage their estate and ensure the smooth transfer of assets to their children. The template offers a flexible and customizable framework to establish separate share trusts for each child, enabling the individual to maintain control over their assets during their lifetime and dictate how those assets will be distributed among their children upon their passing. By implementing a revocable trust, the individual can address unique circumstances, protect assets from potential creditors or estate taxes, and provide for the financial needs and well-being of their children in a structured manner. This legal document is suitable for single individuals in California who desire a level of control, privacy, and efficiency in the distribution of their assets to their children.