Advanced Trust Drafting, Structured
Irrevocable trusts are complex and consequential. Statular turns them into a guided interview and state-aware drafts — with the attorney firmly in control.
Advanced Trust Types
MAPT, SNT, ILIT, gift trusts, and QPRT — the irrevocable structures used in asset protection and tax-oriented planning.
State-Aware Templates
Trusts are drafted with reference to the selected state's statutory conventions, where supported.
Structured Interview
A guided interview collects settlor, trustee, and beneficiary details, then renders the trust and its supporting documents.
Attorney Review Central
Every draft is produced for the supervising attorney to review and finalize. Statular is not legal or tax advice.
Supported Irrevocable Trusts
Each trust type below is drafted with the settlor, trustee, and beneficiary details collected in the interview. Who each is for is described in general terms — the supervising attorney determines whether it fits a particular client.
Medicaid Asset Protection Trust (MAPT)
For clients engaged in long-term-care and Medicaid planning who want to hold assets outside their countable estate, subject to the applicable look-back and eligibility rules. Statular supports both individual and joint MAPTs for married clients. Because Medicaid rules are state-specific and the trust is irrevocable, the timing and structure are matters for the supervising attorney's judgment.
Special Needs Trust (SNT)
For clients providing for a beneficiary with a disability, where the goal is to supplement the beneficiary's quality of life without disqualifying them from means-tested public benefits. Statular supports third-party SNTs (funded by someone other than the beneficiary), first-party SNTs (holding the beneficiary's own assets), and joint versions. The right form depends on whose assets fund the trust and the applicable program rules.
Irrevocable Life Insurance Trust (ILIT)
For clients who want a life insurance policy owned by a trust so the proceeds are administered on their terms and, when properly structured, kept outside the taxable estate. Statular supports individual and joint ILITs. Whether an ILIT is appropriate — and how the policy and premium gifts are handled — is a planning decision for the supervising attorney.
Gift Trust
For clients making lifetime gifts into an irrevocable trust for beneficiary protection and estate planning purposes. A gift trust removes the gifted assets from the settlor's control while providing management and protective terms for the beneficiaries. The gift and tax consequences are permanent, so they warrant careful professional review.
Qualified Personal Residence Trust (QPRT)
For clients who want to transfer a personal residence into an irrevocable trust while retaining the right to live in it for a term of years, potentially transferring the home at a reduced gift value. QPRTs involve specific term, retained-interest, and survival requirements, making them a structure the supervising attorney should evaluate for each client's situation.
Included Documents
Each irrevocable trust is generated together with the supporting documents it needs — including a matching certification of trust.
Medicaid Planning
- Medicaid Asset Protection Trust
- Joint Medicaid Asset Protection Trust
- MAPT Certification of Trust
Special Needs
- Special Needs Trust (third-party)
- First Party Special Needs Trust
- Joint Special Needs Trust
- SNT Certification of Trust
Tax & Insurance
- Irrevocable Life Insurance Trust
- Joint Irrevocable Life Insurance Trust
- ILIT Certification of Trust
Gift & Residence
- Gift Trust
- Gift Trust Certification of Trust
- Qualified Personal Residence Trust (QPRT)
- QPRT Certification of Trust
How Drafting Works — With the Attorney in Control
Statular collects the settlor, trustee, beneficiary, and administrative details for the selected trust through a structured interview, then renders the trust and its supporting documents from templates drafted with reference to the client's state. There is no re-keying across documents: the same names and terms flow through the certification of trust and any related instruments.
Irrevocable trusts carry significant and often permanent legal, tax, and benefits-eligibility consequences. Statular does not recommend whether a particular trust is appropriate, and it does not provide legal or tax advice. It produces drafts for the supervising attorney to review, adjust, and finalize.
Availability of specific trust types is state-dependent and noted as "where supported." Medicaid and long-term-care rules in particular differ by state, so confirming that a structure fits the client's jurisdiction is always the attorney's responsibility.
Frequently Asked Questions
Which irrevocable trusts can Statular draft?
Statular supports Medicaid asset protection trusts (MAPT), including individual and joint versions; special needs trusts (SNT), including third-party, first-party, and joint versions; irrevocable life insurance trusts (ILIT), including individual and joint versions; gift trusts; and qualified personal residence trusts (QPRT). Each comes with the supporting documents it needs, such as a matching certification of trust. Availability of specific trusts varies by state.
How does drafting an irrevocable trust work in Statular?
You complete a structured interview that collects the settlor, trustee, beneficiary, and administrative details for the selected trust. Statular then renders the trust and its supporting documents from state-aware templates drafted with reference to state statutory conventions. The supervising attorney reviews and finalizes every draft. Statular is drafting software, not legal or tax advice.
Are these trusts drafted for a specific state?
Yes. Irrevocable trust templates are drafted with reference to the conventions of the selected state, and availability of a particular trust type is noted as 'where supported.' Medicaid and long-term-care rules in particular differ by state, so the supervising attorney is responsible for confirming that the chosen structure fits the client's jurisdiction and circumstances.
Does Statular provide legal or tax advice on irrevocable trusts?
No. Irrevocable trusts carry significant and often permanent legal, tax, and benefits-eligibility consequences. Statular is document drafting software that produces drafts for professional review; it does not provide legal or tax advice or recommend whether a particular trust is appropriate. That judgment belongs to the supervising attorney.
Do irrevocable trusts include a certification of trust?
Yes. Statular pairs its irrevocable trusts with a matching certification of trust so third parties such as banks and title companies can verify trustee authority without reviewing the full instrument. As with every document, the supervising attorney reviews the certification before it is used.
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