Irrevocable Trust - Connecticut

IRREVOCABLE TRUST AGREEMENT

Trust name: [TRUST NAME]

Date: [DATE]

Settlor: [FULL LEGAL NAME], [ADDRESS]

Initial trustee: [FULL LEGAL NAME], [ADDRESS]

The Settlor transfers to the Initial Trustee the property described in Schedule A, by the separate transfer documents identified there where required. The Initial Trustee acknowledges receipt of the property actually delivered and agrees to hold it as trustee of [TRUST NAME] under this agreement. This instrument creates an inter vivos, noncharitable trust for the definite beneficiaries named below. See Conn. Gen. Stat. §§ 45a-499v and 45a-499w.

1. Irrevocability and purpose

This trust is irrevocable. The Settlor reserves no unilateral right to revoke or amend it or to reclaim its property. It is established to hold and administer property for the current beneficiary and remainder beneficiaries named in Section 2. Any later modification or termination must follow a procedure allowed by Connecticut law; this agreement does not substitute a private waiver for the court findings required by Conn. Gen. Stat. § 45a-499ee or another applicable section.

2. Beneficial interests and distributions

Current beneficiary: [FULL LEGAL NAME, ADDRESS]. While that person lives and this trust continues, the trustee may distribute trust income and principal to or for that person’s health, education, maintenance, and support, considering other resources known to the trustee. The trustee shall retain undistributed property in the trust. No beneficiary may require a distribution outside this stated standard.

Termination event: On [SPECIFIC DATE], or on the current beneficiary’s earlier death, the trustee shall pay proper expenses and distribute all remaining trust property as follows. Complete shares totaling 100% and identify an alternate for each share.

If no named remainder beneficiary or alternate survives, the entire balance passes to [ULTIMATE BENEFICIARY OR CHARITY, ADDRESS]. A minor’s share shall be transferred through a lawful custodial or separately drafted trust arrangement selected by counsel before this instrument is signed.

3. Additional property

The trustee may accept or decline later property tendered to this trust. An addition becomes trust property when effectively transferred to or made subject to this agreement. An asset schedule is an identification record; it does not replace a deed, account title change, or other instrument required to transfer that asset.

4. Trustee succession

The Initial Trustee accepts office by signing below. A later designated trustee may accept by signing an acceptance or by another act recognized by Conn. Gen. Stat. § 45a-499rr. On a vacancy, the first willing and able person in this order is designated successor trustee:

1. [FIRST SUCCESSOR, ADDRESS]
2. [SECOND SUCCESSOR, ADDRESS]

If neither can serve and no cotrustee remains, a successor may be selected through the remaining routes in Conn. Gen. Stat. § 45a-499uu, including unanimous qualified-beneficiary agreement or court appointment as applicable. A trustee of this inter vivos trust may resign without court approval by giving at least thirty days’ notice to the qualified beneficiaries, the living Settlor, and all cotrustees under Conn. Gen. Stat. § 45a-499vv, or may seek court approval.

5. Trustee administration

The trustee shall administer this trust prudently in light of its purposes and distribution terms, keep trust property identified and separate, and maintain records of receipts, expenses, distributions, and holdings. See Conn. Gen. Stat. § 45a-499ddd. Subject to fiduciary duties and this agreement, the trustee may retain, invest, insure, sell, lease, and otherwise manage trust property; employ and compensate advisers; pay proper expenses; and make distributions in cash or in kind under Conn. Gen. Stat. § 45a-499mmm and other applicable law. The trustee may receive reasonable compensation and reimbursement of proper expenses.

The trustee shall give the notices and information required by Conn. Gen. Stat. § 45a-499kkk. The trustee shall send a report at least annually and at termination to current beneficiaries and to other qualified beneficiaries who request one. The report shall identify trust property, liabilities, receipts, disbursements, trustee compensation, and asset values when feasible. Receipt of a report without objection is not an automatic approval or release.

After thirty days’ notice to qualified beneficiaries, the trustee may combine or divide this inter vivos trust only if Conn. Gen. Stat. § 45a-499ll permits the action and beneficiary rights and trust purposes remain protected.

6. Governing terms

Connecticut law governs this trust. Mandatory rules under Conn. Gen. Stat. § 45a-499e control any inconsistent term. Nothing in this agreement waives court supervision or a beneficiary’s legally available remedy, excuses a trustee’s breach, imposes arbitration, or creates a blanket cap on trustee liability. If a provision is unenforceable, the remaining provisions continue to the extent they can carry out the Settlor’s lawful intent.

7. Signatures

The Settlor signs intending to transfer the identified property and create this irrevocable trust. The Initial Trustee signs to accept the property delivered and the trusteeship.

Settlor: [FULL LEGAL NAME]

Signature: ______________________________

Date: [DATE]

Initial Trustee: [FULL LEGAL NAME]

Signature: ______________________________

Date: [DATE]

Successor trustee acceptance (sign only on taking office): I accept the trusteeship and agree to administer property received under this agreement.

Successor trustee: [FULL LEGAL NAME]

Signature: ______________________________

Date: [DATE]

Schedule A — initial property transfer

Settlor’s signature confirming Schedule A: ______________________________ Date: [DATE]

Trustee’s receipt of the property delivered: ____________________________ Date: [DATE]

Sources and references

• Connecticut General Assembly, current Chapter 802c, including the sections cited in this agreement.
• Connecticut 2026 Supplement index (Title 45a lists chapters 801, 801b, 802h, and 803).