What Does "RES" Mean In Trust Res

What Does "RES" Mean In Trust Res

Trust property is also known as the “trust res” or “corpus.”
    • Related Articles

    • How Is Trust Res Distributed at Termination to Beneficiaries and Capital Certificate Holders

      Those details are covered inside the Indenture, specifically: 8.04 Ownership of Capital Certificates shall not entitle the Exchanger to any legal or equitable title in the Trust, nor to any undivided interest therein, nor management thereof, except ...
    • How Does One Transfer Assets (Home, Car, Etc.) Into Trust

      If the Grantor is the equitable/legal title holder of the asset, it may be granted into the Trust (without a necessity for probate). No matter the asset, it can be granted into the Trust's ownership. Passing assets to heirs can be done by a ...
    • Can One Transfer A Clouded Title / Property Into Trust

      Yes, the transfer can still occur via a Quitclaim Deed (sells home as-is). An unpaid mortgage clouds title, but can still be transferred into a trust; however, the loan must be repaid in full to sell the property to any entity who requires financing ...
    • How Would The Purchase of Property, Home or Car Work With Trust

      The trust can outright purchase the asset with cash/credit or it can seek financing - this requires building corporate credit. In most scenarios, someone will personally apply for a loan and then transfer the asset into the trust via a Quitclaim Deed ...
    • What Is The Difference Between a Will and Trust

      Wills May Turn One's Heirs Gray! Think about who distributes the money: a network of accountants, lawyers, appraisers, administrators, trustees, executors and…the courts. When does one get their money? ‘After’ everyone else gets theirs ‘After’ all ...