Ch. 418

1994 LAWS OF MARYLAND

"DECLARATION OF TRUST UNDER THE MARYLAND DISCRETIONARY TRUST ACT

A.       I,                      (NAME OF PROPERTY OWNER) DECLARE
THAT HENCEFORTH I AS TRUSTEE WILL HOLD THE PROPERTY DESCRIBED IN
PARAGRAPH D IN TRUST UNDER THE MARYLAND DISCRETIONARY TRUST ACT FOR
THE BENEFIT OF THE BENEFICIARY NAMED IN PARAGRAPH C.

B.        1. AT ANY TIME WHEN I AM UNABLE TO SERVE AS TRUSTEE, THE
TRUSTEE SHALL BE: _________________

(NAME ONE OR MORE)

2. AT ANY TIME WHEN THE TRUSTEE WHO SUCCEEDS ME IS
UNABLE TO SERVE AS TRUSTEE, THE FOLLOWING PERSONS SHALL SUCCEED AS
TRUSTEE IN THE ORDER NAMED (SPECIFY WHO REPLACES WHOM FOR MULTIPLE
TRUSTEES):

I.                                            __________________________________________________________________________________

II._______________________________________________

III. ________________________________________________________

C.       THE BENEFICIARY SHALL BE____________________________________.

D.       THE TRUST PROPERTY SHALL BE:

1.                                                        _________________________________________________________

2.

E. THE TRUST SHALL TERMINATE UPON THE FIRST TO OCCUR OF
(CHECK THOSE APPLICABLE):

1.        ___ THE DEATH OF THE BENEFICIARY

2.        ___ THE FOLLOWING DATE:

3.                        THE FOLLOWING EVENT: _________

F.        UPON TERMINATION, THE REMAINING TRUST PROPERTY SHALL BE
DISTRIBUTED TO          .............         ....... .

(NAME PERSON OR PERSONS)

G.       REVOCABILITY (CHECK ONE):

1.            THE TRANSFER MAY REVOKE THIS TRUST.

2. THE TRANSFER MAY NOT REVOKE THIS TRUST.

SIGNATURE OF DECLARANT...........................................

DATE OF EXECUTION .....................................................

SIGNATURE OF WITNESS ................................................................

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