Irrevocable Living Trust Template (Part 8)

For Permanent Asset Protection with Sound Money

Date: March 14, 2025 (or your signing date)  

Declaration of Trust

I, [Your Full Name], residing at [Your Address], herein called the "Settlor," establish this Irrevocable Living Trust, named the [Your Last Name] Family Irrevocable Trust, on this date: [Insert Date]. This trust is irrevocable—I relinquish all control and ownership of the assets transferred herein, and it cannot be amended or terminated by me without Beneficiary consent or court approval, as permitted by law.  

Article 1: Purpose

The purpose of this trust is to permanently protect my assets—especially sound money like gold, silver, and Bitcoin—from creditors, legal claims, and inflation, ensuring a sovereign legacy for my Beneficiaries in accordance with biblical stewardship principles.  

Article 2: Trustee

I appoint [Trustee’s Full Name], residing at [Trustee’s Address], as the Trustee. If they cannot serve, I appoint [Alternate Trustee’s Full Name], residing at [Alternate’s Address], as successor Trustee. The Trustee shall manage trust assets per this document’s terms and act solely in the Beneficiaries’ best interests.  

• Bonding Option: The Trustee must secure a surety bond for liquid assets (e.g., cash, cryptocurrency) valued at [Insert Amount, e.g., $50,000], renewable annually, to ensure faithful performance. Non-liquid assets (e.g., real estate, physical gold) are exempt from bonding unless required by law.

Article 3: Beneficiaries

The Beneficiaries are: [List Names, e.g., “My children, John Doe and Sarah Doe”]. Distributions shall occur as outlined below, and I retain no beneficial interest in the trust after its creation.  

Article 4: Trust Property

I irrevocably transfer the following assets into the trust:  

• [List Assets, e.g., “$20,000 in gold coins stored at [Location], Bitcoin wallet with 1 BTC (private keys held by Trustee), real property at [Address] valued at $300,000”].
  Titles or ownership records shall be updated to “The [Your Last Name] Family Irrevocable Trust, [Trustee’s Name], Trustee.” No additional assets may be added unless specified herein or by separate agreement with Trustee and Beneficiaries.

Article 5: Trustee Powers and Duties

The Trustee shall:  

1. Manage, invest, and distribute trust assets per this document’s terms.  
2. Maintain accurate records of all transactions, reflecting the precision of the Scripture’s book of Numbers 26:52-56.  
3. Protect sound money assets—e.g., store gold/silver in secure locations, safeguard Bitcoin keys in a cold wallet.  
4. Hire professionals (e.g., accountants, lawyers) if needed, paid from trust funds.  
5. Receive compensation as follows: [e.g., “2% of distributions, 3% of asset sale proceeds, or $1,000 annually”].

Article 6: Distribution Terms

The Trustee shall distribute trust assets as follows:  

• [Example: “Income from gold sales or Bitcoin appreciation paid annually to Beneficiaries in equal shares, principal held until each Beneficiary reaches age 30, then distributed fully.”]  
• If a Beneficiary predeceases distribution, their share goes to [e.g., “remaining Beneficiaries equally” or “their heirs”].

Article 7: Irrevocability

This trust is irrevocable. I relinquish all rights to alter, amend, or revoke it, and the assets are no longer part of my estate for tax or creditor purposes. Any attempt to reclaim control voids this intent, subject to legal review.  

Article 8: Governing Law

This trust is governed by the laws of [Your State/Country].  

Signature and Notarization

Signed: ___________________________

[Your Full Name], Settlor

Date: ___________________________  

Trustee Acceptance:

I, [Trustee’s Full Name], accept the role of Trustee under the terms herein.

Signed: ___________________________

Date: ___________________________  

Notary Public:

Subscribed and sworn before me on [Date] by [Your Name] and [Trustee’s Name].  

Notary Signature

My commission expires: ___________  

Notes for Readers

• Customization: Fill in [ ] with your details—names, assets, distribution rules. Adjust fees in Article 5 per the fee structure supplement (e.g., 2% on distributions).  
• Sound Money: List specific assets (e.g., “1 BTC in wallet #XYZ”) to emphasize gold/silver/crypto protection.  
• Irrevocable Nature: Once signed, you lose control—great for asset protection (creditors can’t touch it), but you can’t undo it easily. Courts may require Beneficiary consent for changes.  
• Bonding: Optional for liquid assets—remove or adjust amount if unneeded.  
• Legal Check: Irrevocable trusts often need filing (e.g., IRS Form 1041 for taxes) and strict compliance. Search “[Your State] irrevocable trust laws” or hire a lawyer ($500-$2,000 typical) to finalize.  
• Next Steps: Sign with Trustee and notary ($5-$20), retitle assets to the trust, store records safely.
• Note to Settlor: This is your Trust change or add anything you want. T heyhe only caveat is to make it as clear as possible. 

This template locks in your legacy with a focus on sound money, echoing your series’ biblical stewardship (Numbers ref included). Want to tweak distribution terms, add more Trustee powers, or adjust anything else? Let me know!