This College Education Trust Agreement (“Agreement” or “Trust”) is made effective as of ______________, between __________________, residing at ________________
(“Grantor”) and (“Trustee”).This Trust shall be known as the _______________ College Education Trust, dated ______________. In consideration of the mutual covenants and promises set forth in this Agreement, the Grantor and the Trustee agree as follows.
1. Purpose / Irrevocable Trust. The primary purpose of this Trust is to receive and manage assets for the health, education, and support of the beneficiary. THIS TRUST IS IRREVOCABLE. The Grantor realizes that the right to revoke or amend this Trust may be reserved, but that right is expressly waived. This Trust is not subject to alteration, amendment, revocation, or termination by the Grantor or any other person. The Grantor renounces any possible benefit from this Trust….
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