DECLARATION OF TRUST UNDER THE ARKANSAS CUSTODIAL TRUST ACT I, . . . . . . . . . . . . . . (name of owner of property), declare that henceforth I hold as custodial trustee for . . . . . . . . . . . . . . (name of beneficiary other than transferor) as beneficiary and . . . . . . . . . . . . . . as distributee on termination of the trust in absence of direction by the beneficiary under the Arkansas Custodial Trust Act, the following: . . . . . . . . . . . . . . . . . . . . . . . . . . . . (insert a description of the custodial trust property legally sufficient to identify and transfer each item of property)
Dated: . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . .
(Signature)
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