Notice of Trust to Beneficiaries (Arizona)

NOTICE OF TRUST TO QUALIFIED BENEFICIARIES

Issued Pursuant to A.R.S. § 14-10813

1. Trust Identification

2. Currently Serving Trustee(s)

Date Trustee Accepted Trusteeship: [__/__/____]

3. Recipient (Qualified Beneficiary)

4. Statutory Notice Provisions

The undersigned Trustee hereby provides the following notice pursuant to A.R.S. § 14-10813:

4.1 Notice of Trustee Identity (A.R.S. § 14-10813(B)(2))

The Trustee identified in Section 2 has accepted the trusteeship of the Trust identified in Section 1. The Trustee's name, address, and telephone number for purposes of all communications relating to the Trust are set forth in Section 2 above.

4.2 Notice of Existence of Irrevocable Trust (A.R.S. § 14-10813(B)(3))

You are hereby notified that:

(a) The Trust identified in Section 1 exists and is presently irrevocable;

(b) The identity of the Settlor(s) is set forth in Section 1;

(c) You have the right to request from the Trustee a complete copy of the trust instrument, including all amendments; and

(d) You have the right to a trustee's report under A.R.S. § 14-10813(C), which will be furnished at least annually and at the termination of the Trust, and which will include the trust property, liabilities, receipts, disbursements, a listing of trust assets (with market values if feasible), and the source and amount of the trustee's and any agent's compensation.

4.3 Right to Request Trust Terms

Upon written request directed to the Trustee at the address in Section 2, the Trustee will furnish to you, without charge, a complete copy of the trust instrument and all amendments thereto.

4.4 Trust Protector (if applicable)

A Trust Protector serves with the powers set forth in A.R.S. § 14-10818 and the trust instrument:

5. Right to Object; Limitations

You may communicate with the Trustee at any time concerning the administration of the Trust. Certain limitations periods may begin to run upon delivery of trustee reports or other adequate disclosure under A.R.S. § 14-11005. You are encouraged to consult independent counsel regarding your rights as a qualified beneficiary.

6. Waiver (A.R.S. § 14-10813(E))

A qualified beneficiary may waive the right to a trustee's report or other information otherwise required to be furnished under § 14-10813, subject to the mandatory rules of A.R.S. § 14-10105. Any waiver must be in a signed writing delivered to the Trustee and may be withdrawn at any time as to future reports.

☐ The recipient has previously executed a written waiver dated [__/__/____].
☐ No waiver is in effect; full reporting will be provided.

7. Trustee's Verification and Signature

I, the undersigned Trustee, certify under penalty of perjury under the laws of the State of Arizona that the foregoing notice is true and correct, that I am a currently serving Trustee of the Trust identified above, and that this notice is given pursuant to A.R.S. § 14-10813.

Executed at [City], Arizona, on [__/__/____].

Notary Acknowledgment

State of Arizona )
County of [__________] ) ss.

On [__/__/____] before me, the undersigned notary public, personally appeared [________________________________], proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged that he/she executed the same in his/her authorized capacity.

8. Proof of Service

I, [________________________________], declare that on [__/__/____], I served a true and correct copy of this Notice of Trust to Qualified Beneficiaries on the recipient identified in Section 3 by the following method:

☐ U.S. Certified Mail, Return Receipt Requested — Tracking No. [____________]
☐ U.S. First-Class Mail, postage prepaid
☐ Personal delivery
☐ Email to [____________] (with confirmation of receipt)
☐ Other: [________________]

Addressed to:

[________________________________]
[________________________________]
[________________________________]

I declare under penalty of perjury under the laws of the State of Arizona that the foregoing is true and correct.

Date: [__/__/____]

Signature: [________________________________]

Printed Name: [________________________________]

Sources and References

• A.R.S. § 14-10813 — Duty to Inform and Report (Arizona Trust Code)
• A.R.S. § 14-10103(15) — Definition of "Qualified Beneficiary"
• A.R.S. § 14-10105 — Default and Mandatory Rules
• A.R.S. § 14-10303 — Representation by Holders of Powers, Fiduciaries, Parents
• A.R.S. § 14-10505.01 — Arizona Asset Protection Trust
• A.R.S. § 14-10818 — Trust Protector
• A.R.S. § 14-11005 — Limitations on Claims Against Trustee
• Arizona Trust Code, Laws 2008, Ch. 122 (effective January 1, 2009)