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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Requirements of a valid, effective trust. Posted by Ward-CA- on October 23, 2001 at 6:03 PM In Reply to: Valid Trust posted by Troy on October 23, 2001 at 12:47 AM Ward, what does it take for a trust to be valid and effective? =•=•=•=•=•=•=•=•=•=•=•=•= Troy, many different trust formats exist. So the first thing to do is make sure you have the applicable Declaration of Trust and then see to it that: #1. The declaration is properly filled out, signed and dated by the trustor and trustee. #2. The trustor of the trust has transferred some asset(s) into the trust. If the asset is real property, then the property should be transferred into the trust via a recorded deed. #3. For privacy reasons, trust declarations themselves are rarely, if ever recorded Follow Ups: Notarized as well? Troy 9:39 AM, 10/24/01 (1) Re: Trust notarization not required at all. Ward-CA- 1:26 PM, 10/24/01 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, what does it take for a trust to be valid and effective? : =•=•=•=•=•=•=•=•=•=•=•=•= : Troy, many different trust formats exist. So the first thing to do is make sure you have the applicable Declaration of Trust and then see to it that: : #1. The declaration is properly filled out, signed and dated by the trustor and trustee. : #2. The trustor of the trust has transferred some asset(s) into the trust. If the asset is real property, then the property should be transferred into the trust via a recorded deed. : #3. For privacy reasons, trust declarations themselves are rarely, if ever recorded Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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