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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 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.
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.
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.
What is the value of a 1935 silver certificate without motto In God We Trust?
$1 1963e with out "in god we trust"
How do you get access outlook web access?
To go on the Learning Trust
What is required to leave a house in trust?
You have to have a trust (which can be set up in a will) and you have to identify what the trust is to be used for.
Does a Qualified terminable interst property trust qualify for a marital deduction?
A QTIP trust (a.k.a. C trust), which is typically created at the death of the first spouse to die, grants the surviving spouse a lifetime right to the income of the trust (at least annually) while transfering the remainder interest to individual(s) of the grantor's choosing. This qualifies for the unlimited marital deduction even though the spouse does not receive outright access to the assets in the trust. Even though this IS a terminable interest (usually disqualifying the marital deduction), the QTIP will qualify for the unlimted marital deduction since the surviving spouse will be required to include, in his/her gross estate, the fair market value, at the surviving spouse's date of death, the assets of the trust. The assets are taxed later in the surviving spouse's gross estate, but they will pass to the beneficiary of the trust, chosen by the first-to-die-spouse, at the surviving spouse's death.
