Draft or vary an irrevocable discretionary trust
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Compare the instructions with the current instrument and list the dispositive powers, the amendment power and any retained grantor power. Do not produce the executed trust.
- What the lawyer must review
- You write the instrument that will be signed. State law governs whether the trust is valid and how it is amended. Where Uniform Trust Code § 411 is enacted as read, settlor-and-beneficiary consent, or beneficiary consent with the court’s conclusion under § 411(b), is the modification path for a noncharitable irrevocable trust. Confirm the enactment. If a person is treated as the owner under Subpart E, 26 U.S.C. § 671 taxes that person on the attributable items. Open the specific grantor-trust sections before you describe the tax result. Opinion 512 applies to the draft.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes identifying points for review. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.