Will for Single Individual: Pot Trust for Children (Massachusetts)
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About this template
This legal template is specifically designed for single individuals residing in Massachusetts and focuses on creating a will that includes provisions for establishing a pot trust for their children. A pot trust is a type of trust that allows the trustee to use the trust assets for the benefit of multiple beneficiaries (in this case, the children) based on their needs or as determined by the trustee. The template likely contains sections providing guidance on appointing an executor, distributing assets to the children as per their needs, appointing guardians for the children, outlining the terms and conditions of the trust, and specifying any other preferences or instructions the individual wishes to include in their will. This legal document ensures that the single individual's wishes regarding the care and distribution of their assets are carried out appropriately for the benefit of their children.
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