Creating a plan for the care and welfare of your life and that of your family as you grow older can be called a life care plan. This plan is not a legal document, although it embodies legal concepts.
Equal Distribution This distribution contemplates a sharing of all of the property in the Trust by the beneficiaries. An example is one-half of the property to each of your two children, or one-third of the Trust property to each of your three children. Generally, no specific values of the assets are discussed and no specific gifts or property are usually mentioned.
