TRUST HAVING A MAXIMUM DISTRIBUTION BENEFIT TO A BENEFICIARY AFTER THE BENEFICIAIRY HAS REACHED RETIREMENT AGE AND A PROCESS FOR DEVELOPING SUCH A TRUST

摘要

A process for drafting or improving a retirement trust is disclosed. The process for drafting and improving the retirement trust provides for a grantor to fund the trust and allocate at least one portion of the trust to at least one beneficiary. The process also provides a working requirement of the at least one beneficiary to receive the distribution until the at least one beneficiary attains a pre-determined age. Upon reaching the pre-determined age the trust assets are managed to provide a lifetime income to the at least one beneficiary.