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Your phrasing is incorrect. Perhaps this might answer what you want to know: A trust is managed by a trustee according to the terms set forth in the trust instrument. A testamentary trust (created in a will) will only become operational when the will is allowed and the estate is probated. You may provide more details on the discussion page.
What else can I help you with?
Can a trust be named as the beneficiary of a certificate of deposit (CD)?
Yes, a trust can be named as the beneficiary of a certificate of deposit (CD).
What if your company requires a trust model that does NOT rely on a central Certificate Authority to establish a certificate's authenticity Which trust model should you implement?
web of trust
If a trustee is required to sell the real estate the trust holds under the terms of a trust established by a will what type of deed will be delivered at the settlement of the sale?
The property must be conveyed by a 'trustee's deed'. For example, the grantor on the deed should be stated as Robert Smith as Trustee of the Smith Family Trust as set forth in a Declaration of Trust dated November 12, 2005. A Trustee's Certificate to accompany the deed is required in most jurisdictions. The certificate must identify the trust and trustee and certify the trustee knows of no amendments or changes to the trust, that he is the sole trustee with power to sell real estate and the trust has not been terminated.
What Document required For Trust registration?
Documents for trust Registration in Delhi Here is a list of documents and information typically required for trust registration in Delhi: • Trust Deed: This is the most critical document. • Affidavit • Identity Proof • Address Proof • Passport-sized Photographs • NO Objection Certificate (NOC) • Proof of Address of the Trust • PAN Card • Bank Account • Registration Fee • Stamp Paper
How can i get access to my deceased mothers employee stocks purchased while employeed at chevron refinery in point Richmond California?
you need to contact chevron, have a death certificate your birth certificate and any information you can about the stocks ie old tax forms you also need to establish your rights to it either by probate or will, living trust. you will also need to do cost basis on it once it is in your name.
How long does it take beneficiary to receive money with death certificate from totten trust with money invested in direct deposits?
The time it takes for a beneficiary to receive money from a Totten Trust after providing a death certificate can vary. Generally, it may take anywhere from a few days to several weeks, depending on the financial institution's processing time and any required documentation. If the funds are in direct deposits, the process may be expedited, but it ultimately depends on the bank's policies and procedures. It's advisable for beneficiaries to contact the bank directly for specific timelines and requirements.
What happens if a trustee dies and you cannot provide a death certificate?
If a trustee dies and a death certificate cannot be provided, the estate or trust may face delays in the administration process. The remaining trustees or beneficiaries might need to seek legal advice to navigate the situation, potentially involving a court to establish the trustee's death through alternative means. This could include affidavits or other documentation to prove the trustee's passing, allowing the trust to proceed with its administration.
Can a mortgage loan be required to be refinanced upon the death of the borrower in a community property state where there is a non-contributing spouse on the deed of trust?
Certainly.
What is the value of a 1935 silver certificate without motto In God We Trust?
$1 1963e with out "in god we trust"
How can i get access to a trust fund?
You cannot get access to a trust fund. A trust is managed by a trustee and the trustee is the only person with the authority to access the trust property. The trustee must manage the trust according to the provisions set forth in the trust document. If you are a beneficiary of the trust you should ask the trustee for a copy so that you can review the terms.
How do you change the name on a deed from a deceased with a living trust?
You need to review the trust document to determine how the land can be transferred by the trustee. You should consult with an attorney who can review the trust and explain your options.
Does the state have access to a trust fund in prisoners name?
The state of California dept of Corrections DOES NOT have access to a prisoners trust fund. A trust fund is exempt.
