Beneficiary Changes for Trusts

Beneficiary Changes for Trusts

The beneficiaries are not named in the trust indentures themselves to keep this information private. This allows for a beneficiary change AFTER the trust indenture has been signed, changed at any trustee meeting in the Trust Minutes for the issuance of Beneficial Interest Certificates with the approval of the Board of Trustees. The Grantor and current beneficiary's approval is not required.
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