Amounts to be Distributed to Life Services Sample Clauses

Amounts to be Distributed to Life Services. IMPORTANT! You are required to distribute to Life Services one-third (1/3) of the assets remaining in the Trust Account (“Trust Account Remainder”) to Life Services, or more at the discretion of the Sponsor, but not less than $20,000 or the balance in the account if less than $20,000. This paragraph shall be referred to as the “Required Minimum Distribution Amount.” Or, if Life Services is trustee on a SNT (in this Pool or Stand-Alone), then use this section: IMPORTANT! You are required to distribute to Life Services one-half (1/2) of the assets remaining in the Trust Account (“Trust Account Remainder”) to Life Services, or more at the discretion of the Sponsor, but not less than $20,000 or the balance in the account if less than $20,000. This paragraph shall be referred to as the “Required Minimum Distribution Amount.” ACT for Life Services: Advocacy, Comprehensive Planning, and Trust Services for Individuals with Disabilities Page 1 LIFE SERVICES THIRD PARTY-FUNDED TRUST FOR PEOPLE WITH DISABILITIES sponsor agreement In addition to the Required Minimum Distribution Amount, the following percentage or amounts of the Trust Account Remainder shall be distributed to Life Services: .
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